- GC24F-05: Modeling Adaptive Polycentric Infrastructure Governance Under Financial, Social, and Climate Uncertainty
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NOLA CC
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Adam Wiechman, Princeton University (First Author, Presenting Author)
Aaron Deslatte, Indiana University Bloomington
Simon Levin, Princeton University
Infrastructure providers must account for multiple sources of climate, social, and financial uncertainty while coordinating with multiple decision-makers and navigating overlapping rules when making infrastructure investments. However, infrastructure system modelers have not incorporated the dynamic infrastructure provider and the cognitive realities of how they navigate these institutional and technical challenges into the system’s response to various shocks. We present an agent-based model that accomplishes this with a representative network of infrastructure providers, within a common institutional and environmental context, responding to climate, social, and financial shocks through a process inspired by modern cognitive science. Our analysis, coupled with surveys of infrastructure managers responding to recent federal investment changes for flooding and EV infrastructure, provides a foundational understanding of how institutional designs that promote collaboration, investment in organizational capacity, and proactive planning can improve the response of coupled infrastructure systems to interacting shocks.
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