Insight diagram
Ecological economics
Insight diagram
Classical Blockchain Economics
7 months ago
Insight diagram

THE NEW SCIENCE OF PLEASURE Daniel L. McFadden NBER Working Paper 18687

From Extended Neoclassical to Behavioral Choice Models
Insight diagram
lab 13 Social and economic
Insight diagram
Better Business - Economic
Insight diagram
WIP concepts from Rachel Turner's Book Neo-liberal Ideology
Neoliberal concepts
Insight diagram
Summary of US apa2017 report pdf link
Stress and Health Disparities
Insight diagram
Introduction:
This model demonstrates the COVID-19 outbreak in Burnie, Tasmania. It shows how the government policy tries to reduce the spread of COVID-19 whilst also impacting the local economy.

Assumptions:
This model has four variables that influence the number of COVID-19 cases: infection rate, immunity loss rate, recovery rate and death rate.

In order to reduce the pandemic spread, in this model, assume the government released six policies when Burnie COVID-19 cases are equal or over 10 cases. Policies are vaccination promotion, travel restriction to Burnie, quarantine, social distance, lockdown and testing rate.

Government policies would reduce the pandemic. However, it decreases economic growth at the same time. In this model, only list three variable that influence local economic activities. 
Travel restrictions and quarantine will reduce Burnie tourism and decrease the local economy. On the other hand, quarantine, social distance, lockdown allow people to stay at home, increasing E-commerce business.
As a result, policies that cause fewer COVID-19 cases also cause more considerable negative damage to the economy.

Interesting insights:
One of the interesting findings is that the government policy would reduce the COVID-19 spread significantly if I adjust the total government policies are over 20% (vaccine promotion, travel restriction, quarantine, social distance, lockdown), 3560 people will die, then no more people get COVID-19.
However, if I change the total government policy to less than 5%, the whole Burnie people will die according to the model. Therefore, we need to follow the polices, which saves our lives.
BMA708 assignment3 - Model of COVID-19 outbreak in Burnie
Insight diagram
My Insight_ENVS8019 report 5 exercise
Insight diagram
Rating Matrix of S&P
Rating Matrix
Insight diagram
this model shows the relationship between economic growth and government debt (just the bailout debt) and the mortgage default burden. At the current rates, the debt will never be paid off.
bailout debt, mortgage defaults and economic growth
Insight diagram
Community Economic Impact
Insight diagram
WIP Dynamic map from Steve Keen's Minsky at 100 Lecture video and slides and later Emergent Macroeconomics papers
Minsky Instability from Macrodefinitions Keen
Insight diagram
Insight Feb
4 months ago
Insight diagram

This paper aims at describing a case where system dynamics modeling was used to evaluate the effects of information and material supply lead-time variation on sales contributions margins and operating cash conversion cycle of a commodity export business.  An empirical dynamic model, loaded with econometric theory of price effect on competitive demand, was used to describe the input data.  The model simulation outputs proved themselves relevant in analyzing the complex interconnections of multiple variables affecting  the profitability in a commercial routine, supporting the decision process among sales managers.

SDR Case study System dynamic modelling
Insight diagram
An initial study of the economics of single use coffee pods.
Clone of Coffee Pods ISD Humanities v 1.02
Insight diagram
Business Economic Sustainability
Insight diagram
วช
Insight diagram
Barangay IRAWAN Systems Model
Biophysical, Socio-cultural & Economic Data of Bgy. IRAWAN
Insight diagram
A simple budget planning system.  What additional complexities can you add?
ISD Savings Plan - Science Intro
Insight diagram
Base_economics
Insight diagram
DPSIR Framework to Analyze EcoPeace Middle East's Good Water Neighbours Strategy
Insight diagram
From Jay Forrester 1988 killian lectures youtube video describing system dynamics at MIT. For more detailed biography See Jay Forrester memorial webpage For MIT HIstory see IM-184930 For Applications se IM-185462
System Dynamics Concepts