Ocean/atmosphere/biosphere model tuned for interactive economics-based simulations from Y2k on.

The Logistic Map is a polynomial mapping (equivalently, recurrence relation) of degree 2, often cited as an archetypal example of how complex, chaotic behaviour can arise from very simple non-linear dynamical equations. The map was popularized in a seminal 1976 paper by the biologist Robert May, in part as a discrete-time demographic model analogous to the logistic equation first created by Pierre François Verhulst. 

Mathematically, the logistic map is written

where:

 is a number between zero and one, and represents the ratio of existing population to the maximum possible population at year n, and hence x0 represents the initial ratio of population to max. population (at year 0)r is a positive number, and represents a combined rate for reproduction and starvation.
For approximate Continuous Behavior set 'R Base' to a small number like 0.125To generate a bifurcation diagram, set 'r base' to 2 and 'r ramp' to 1
To demonstrate sensitivity to initial conditions, try two runs with 'r base' set to 3 and 'Initial X' of 0.5 and 0.501, then look at first ~20 time steps

This model simulates the economics of buying a home. It was created to compare buying a home against using investment returns to pay for rent.

This model indicate indicates the modeling COVID-19 outbreaks and responses from government policies with the effect on the local economy. Model was occurred at Burnie, Tasmania. The model mainly contains three parts: COVID-19 pandemic outbreak, four differences government policies and what the impact on economy from those policies.

 

Assumptions:

(1) Various variables influence the model, which can result in varied outcomes. The following values are based on an estimate and may differ from actual values. Government initiatives are focused at reducing Covid-19 infections and, as a result, affecting (both positive and negative) economic growth.

 

(2) 42% of infected people will recovery. 10% of people who are infected will die and the rate relatively higher due to the much old people living in Burnie, Tasmania.

78% of cases get tested.

 

(3) Government policy will only be implemented when there are ten or more recorded cases. Four government policies have had influences on infection.  

 

(4) The rising number of instances will have a negative impact on Burnie's economic growth.

 

Insights:

1. As a result of the government's covid 19 rules, fewer people will be vulnerable. Less people going to be susceptible.

 

2. After the government policy intervention, there is a effectively reduce of infected people.

 

3. Overall, there is no big differences of economic performance from the graph, might due to the positive and negative effect of economy. And after two weeks, the economy maintained a level of development without much decline.

Scott Page's Aggregation diagram from Complexity and Sociology 2015 article see also IM-9115 and SA IM-1163

Clone of IM-91683 from jacqui and vincy Summary of paper map produced by participants at the compelling case for prevention workshop 6 june 2017. 

Description for Each Simulation Tag:

Economic capital growth in a system constrained by a non-renewable resource, Figure 37 from Thinking in Systems by Donella H. Meadows

WIP Summary of Davies 2017 article from special Theory Culture and Society issue on Elites and Power after Financialization

An initial study of the economics of single use coffee pods.

An initial study of the economics of single use coffee pods.

This is an evolving attempt to illustrate the interconnected nature of the economic assets of Roswell - Chaves County

From Neil WIlson and Steve Keen's double entry accounting view of the money circuit model

This model is based on the article Dynamic modeling of Infectious Diseases, An application to Economic Evaluation of Influenza Vaccination Farmacoeconomics 2008, 26(1): 45-56 .

And EBOLA