Agent-based model that can be used to improve performance measurement and management in asset management field. The model has been applied to the North Island of New Zealand (5km highway 1200 bridges). It is time agnostic and only looked at portfolio level investment.
New Zealand – Agent Based Benefit / Cost Assessment Model
Bush, S., Henning, T., Ingham, J., & Raith, A. (2014, June). Agent-Based modelling, a quiet revolution in asset management. In IPWEA Conference, Auckland, Nueva Zelandia.
to understand investment priorities
travel demand, haulier behaviour, geospatial data, load movement data, bridge strength, optimization function components
benefit-cost ratio for various investment levels