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As initially proposed by Pr. William M White of Cornell University:
Causal loop representations of macroeconomics taken from the System Dynamics literature contrasted with Forrester's main analysis of social and business organization layers See also Saeed's Forrester Economics IM-183285
There is much we can learn from the development of qualitative relationships models though once we begin to ask questions like how long, how much, when, etc., a qualitative most is not likely to be of much use. The following video demonstrates how, in a very simple goal-seeking structure with delay, depending on the delay, it can be almost impossible to intuit the implications of the interactions with any level of accuracy. The difficulty arises essentially from operating with outdated data. See also Archetypes.
Video
This model is part of
And? Understanding Relationships & Their Implications.
World4 is a predictive model for world population. Population has grown hyper-exponentially in the last millenium, with the doubling time decreasing from 900 years in 1000 CE to a minimum of ~35 years in 1963 CE. Technology is defined as that which decreases the death rate and/or increases the effective birth rate (i.e. by decreasing infant mortality). Technology grows exponentially, therefore population fits a hyper-exponential (exponent within an exponent). Models for the end of growth are explored using equations that express the ways humans are depleting Earth's biocapacity, the nature of resource depletion, and the relationship between natural resources and human carrying capacity. This simple model, containing just two closed systems, captures the subtle shifts in the population trajectory of the last 50 years. Specifically, hyperexponential growth has given way to subexponential growth. A peak is predicted for the time around 2028. [Bystroff, C. (2021). Footprints to singularity: A global population model explains late 20th century slow-down and predicts peak within ten years. PloS one, 16(5), e0247214.]
La situación modelada expresa el crecimiento de las ventas impulsadas por la motivación y productividad, pero es frenada por el tamaño del nicho de mercado.