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We are a water conservation company seeking to simulate how people who get their water from the utility will respond to new motivations, and what that means for the utility.
Specifically, we need someone to develop, with guidance form our staff, an agent based model (ABM) that will show how end users in a given water utility respond to new economic incentives and ownership of water credits, which they can sell if they don't use.
Anticipated outcomes are:
Reduced water consumption.
Investment in new water infrastructure (efficient toilets, taps, shower heads, appliances).
Altered landscaping (from lawns to cactus).
Demand for higher rates by the utility since that will increase the value of their saved credits.
Our company is unique in how we harness self-interest/greed and envy for conservation and scarcity pricing, but we can't yet "show" these outcomes before they occur and need to simulate what it means for the utility.
Working with our director of analytics, we would like...
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