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“Roads? Where We’re Going We Don’t Need Roads.” Using Agent-Based Modeling to Analyze the Economic Impact of Hyperloop Introduction on a Supply Chain

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Multi-Agent Systems and Agreement Technologies (EUMAS 2020, AT 2020)

Part of the book series: Lecture Notes in Computer Science ((LNAI,volume 12520))

Abstract

The opportunity to connect distant areas in quick and economical ways has always been a critical element for trade and economic development. Significant progress is often accompanied by the emergence of new transport models, as it happened in 21st century China with high-speed railways, a driving force for its economic growth. In 2013, the Hyperloop Alpha white paper publication presented the opportunity for a significant innovation in transportation, which could have an even more disruptive effect. In this paper, we will estimate the possible impact on a Supply Chain of constructing a Hyperloop line for goods transportation. We develop an agent-based model of a simple Supply Chain system to simulate the introduction of a faster transport line. We observed that a positive relationship exists between the introduction of a faster line and the performance of the firms near the cities connected by the new line. We conclude that the adoption of a Hyperloop could significantly affect the region in which it is implemented. Since the technology is in its infancy, there is still room for further research.

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Correspondence to Francesco Bertolotti .

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Bertolotti, F., Occa, R. (2020). “Roads? Where We’re Going We Don’t Need Roads.” Using Agent-Based Modeling to Analyze the Economic Impact of Hyperloop Introduction on a Supply Chain. In: Bassiliades, N., Chalkiadakis, G., de Jonge, D. (eds) Multi-Agent Systems and Agreement Technologies. EUMAS AT 2020 2020. Lecture Notes in Computer Science(), vol 12520. Springer, Cham. https://doi.org/10.1007/978-3-030-66412-1_31

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  • DOI: https://doi.org/10.1007/978-3-030-66412-1_31

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