Evaluation Criteria

Executive Summary

5 points available

How well does the submission summarize the information? Is it concise but clear? Does it provide key points on each of the three content sections, and include information about the mathematical models and conclusions/recommendations?

Data Methodology

5 points available

How well is the data used described? Does it demonstrate sound critical thinking about the data and have strong reasoning behind why and how the data was used?

Mathematics Methodology

5 points available

How well do the models use sound mathematical principles? Does it incorporate advanced mathematical techniques beyond just arithmetic and basic statistics like mean, median, and mode?

To receive full points, the submission will demonstrate that advanced statistical and modeling techniques were used to develop the analyses. It should have a strong description of the mathematical techniques used in all models, and have strong justification for the use of each mathematical technique.

Transportation Analysis

5 points available

How well developed and thought-out is the model of change for the transportation industry?

To receive full points, the submission must identify and characterize one or more specific changes in the transportation industry that are based upon direct inferences from the mathematical models. The submission should state how the expected industry statistics were calculated, both with and without adoption of autonomous vehicles.

Insurance Analysis

5 points available

How well are existing auto-insurance policies understood and how well does the submission model the changes that may be required to those policies with the expected adoption of autonomous vehicles over the next 10 years?

To receive full points, the submission should identify and characterize specific changes to insurance policies based on direct inference from their mathematical models. The submission should also demonstrate a strong understanding of the economics of automobile insurance and demonstrate how the use of autonomous vehicles will impact the financials of these policies.

Society at Large Analysis

5 points available

How well does the submission identify and characterize another sector of society that will be impacted by the adoption of autonomous vehicles over the next 5 to 20 years?

To receive full points, the submission should identify one or more sectors of society that will be affected by autonomous vehicles. The submission must accurately characterize effects based on mathematical analysis. The submission should demonstrate how that change is expected to propagate over 10+ years.

Conclusions

10 points available

How well does the submission identify recommendations in each of the three sectors (Transportation, Insurance, and Society at Large) to mitigate some of the potential negative impacts or risk factors associated with the adoption of autonomous vehicles over the next 10+ years?

To receive full points, the submission should identify recommendations in each of the three sectors that are based on sound mathematical findings. The recommendations should be characterized and quantified, and should demonstrate how the expected adoption of autonomous vehicles will improve each sector.