A Multi-Level Agent-Based Model of Reinsurance
A Multi-Level Agent-Based Model of Reinsurance

Summary/Abstract: Advances in agent-based modeling continue to offer new tools and concepts to model and study phenomena involving more complexity. In particular, economic and social issues with different levels of interactions and representations can benefit from frameworks of multi-level agent-based modeling that have successfully simulated other problems sharing similar properties. We show through our work how reinsurance fits into this category of complex multi-level problems, how we adapted recent concepts with recent tools to go through the modeling obstacles of this issue to come up with a model that confirms the results of other renowned works and surpasses them in terms of analysis depth and assumptions flexibility.

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