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Part 2 of Lab 1

Van Dusen_Energy Economics and Fossil Fuel

From Jay Forrester 1988 killian lectures youtube video describing system dynamics at MIT. For Concepts See IM-185226. For more detailed biography See Jay Forrester memorial webpage For MIT HIstory see IM-184930

System Dynamics Applications

Geoff McDonnell

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

Coffee Pods ISD Humanities v 1.01

Kevin Collins

373

Develop a system model using the gathered Biophysical, Socio-economic, and Cultural data of Iwahig

System Thinking and Modelling

Janah Kathlen J. Ruiz

Environmental, social, and economic strategy integration for better business ideas

Lindsey Ohlin

Economics

Mohammed Hossain

People, generally, do not seem to be conscious of, or care about, the enormous dangers of climate change and even the possibility of a devastating war in the Korean peninsula that could turn nuclear. They carry on with their routine and banal conversations as if that was all that mattered. In the 60s there were peace demonstration, there was more awareness and public engagement in the face of the thread of nuclear war. Could the pressures and demands of modern capitalism, now no longer tamed by a competing communist system that could potentially appear to be more attractive, be a causal factor? People caught up in the turmoil of a positive feedback loop rarely perceive reality beyond it. This simple CLD tries to illustrate the dynamic and feedback loops that could be responsible for this strange apathy and how our present day economic system could be blinding us to imminent danger.

SYSTEMIC BLINDNESS AND CAPITALISM

Hanns-Jürgen Hodann

3

leverage point 4

mariam sharif

4

MidTerm

Sebastián Ramírez

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. According to Micheal Finke, house prices typically run 20x monthly rental rates.

Try cloning this insight, setting the parameter values for real-world scenarios, and then running sensitivity analysis (see tools) to determine the likely wealth outcomes. Compare buying a home to renting. Note that each run will keep the parameters the same while simulating market volatility.

version 2.0

Home buying simulation 2.0

Larry Lee

11 months ago

Energy-Economic Modeling Info/Funding Flows

Katie Mulvaney

This version of the CAPABILITY DEMONSTRATION model has been further calibrated (additional calibration phases will occur as better standardized data becomes available). Note that the net causal interactions have been effectively captured in a very scoped and/or simplified format. Relative magnitudes and durations of impact remain in need of further data & adjustment (calibration). In the interests of maintaining steady progress and respecting budget & time constraints, significant simplifying assumptions have been made: assumptions that mitigate both completeness & accuracy of the outputs. This model meets the criteria for a Capability demonstration model, but should not be taken as complete or realistic in terms of specific magnitudes of effect or sufficient build out of causal dynamics. Rather, the model demonstrates the interplay of a minimum set of causal forces on a net student progress construct -- as informed and extrapolated from the non-causal research literature.

Provided further interest and funding, this basic capability model may further de-abstracted and built out to: higher provenance levels -- coupled with increased factorization, rigorous causal inclusion and improved parameterization.

Model OTHER: All Components Added + Spending to Performance

Robert L. Brown

real leverage point 4

mariam sharif

3

Socio-Economic Factors

Jenya Bogopolskiy

Socio-economic

Taylor Gariepy

Michael Green's social progress index TED talk makes it very fun to try out causal loop diagramming in Insight Maker

https://www.ted.com/talks/michael_green_what_the_social_progress_index_can_reveal_about_your_country

IPA analysis of social progress index talk from TED

Christina Bowen

9 months ago

Economic Cost-Benefit Analysis- Roadkill Mitigation

Lindsey Ohlin

Do you like travelling? Find out how we can help make it more sustainable!

Images used:

Suitcase:

http://vignette2.wikia.nocookie.net/animaljam/images/a/ab/Travel-suitcase_(1).png/revision/latest?cb=20140907211051

Fiji: http://cdn.newsapi.com.au/image/v1/91c1263a2a357b3673af8ff8362c0c8d?width=1024

Hotels:

https://taj.tajhotels.com/content/dam/luxury/hotels/taj-palace-delhi/images/master2/16x7/38849817-H1-Exterior_1-16x7.jpg

Poverty:

http://www.montana.edu/extensionecon/images/povertywordcloud.jpg

Leverage Point

https://image.slidesharecdn.com/genderinintegratedsystemsresearchbycynthiamcdougallseniorscientistgenderequitythemeleader-150311041710-conversion-gate01/95/gender-in-integrated-systems-research-by-cynthia-mcdougall-senior-scientist-gender-equity-theme-leader-25-638.jpg?cb=1426065542

Sources:

https://www.statista.com/statistics/270422/forecast-for-2020-arrivals-of-foreign-tourists-worldwide/

http://www.sustainabletourism.net

Week 10 Lecture- Dr. David Tindall Lecture pdf

https://www.adb.org/countries/fiji/poverty

Economic Impact of Tourism on Fiji's Economy: Empirical Evidence from Computable General Equilibrium Model by Paresh Kumar Narayan

https://www.wttc.org/-/media/files/reports/economic%20impact%20research/countries%202015/fiji2015.pdf

http://sustainabletravel.org/our-work/regional-alliances/pacific/hotel-sustainable-resources-pacific/

http://reusegraywater.com/about-us/

Rubin, K.E., The Valuation of Hotels and Motels for Assessment Purposes, 1984

https://en.wikipedia.org/wiki/Leverage-point_modeling

Meadows, D.H., & Wright, D. (2009). Thinking in systems: a primer, London: Earthscan.

Sustainable Tourism (Final)

Claire Huang

Ijssel Delta Final

B G

Description:

Model of Covid-19 outbreak in Burnie, Tasmania

This model was designed from the SIR model(susceptible, infected, recovered) to determine the effect of the covid-19 outbreak on economic outcomes via government policy.

Assumptions:

The government policy is triggered when the number of infected is more than ten.

The government policies will take a negative effect on Covid-19 outbreaks and the financial system.

Parameters:

We set some fixed and adjusted variables.

Covid-19 outbreak's parameter

Fixed parameter: Background disease.

Adjusted parameters: Infection rate, recovery rate. Immunity loss rate can be changed from vaccination rate.

Government policy's parameters

Adjusted parameters: Testing rate(from 0.15 to 0.95), vaccination rate(from 0.3 to 1), travel ban(from 0 to 0.9), social distancing(from 0.1 to 0.8), Quarantine(from 0.1 to 0.9)

Economic's parameters

Fixed parameter: Tourism

Adjusted parameter: Economic growth rate(from 0.3 to 0.5)

Interesting insight

An increased vaccination rate and testing rate will decrease the number of infected cases and have a little more negative effect on the economic system. However, the financial system still needs a long time to recover in both cases.

BMA708_Assignment 3_Nguyen Dang Khoa Vo_520272_COVID-19 outbreak and Burnie economy

NGUYEN DANG KHOA VO

A candidate for global adoption in a shared commons model.

A party includes the following types:

A living individual
A living organization
A living enterprise

A living individual would be part of a cooperative in this context the living organization and enterprise relationships are "true".

A stock and flow model which can be copied and local variables applied to aid in economic or community development.

Students are encouraged to start a business or support local economic development in experience based projects.

Students are rewarded in an alternative commerce model through an international cooperative model.

Goal "re-use party records" as an audit requirement from a shared store (global commons candidate) which provides the due diligence required for General Accounting Accepted Practices.

Party Management Systems are closed in the sense of living individuals, organizations and enterprises. The party defines the vector specifics and variables must derive their transactions from the party master record "as is" sourced from the system of record (store) in a service.

Issue: The prescribed use of a party management system intends to reduce the cyber-security threats of a breach systematically.

Measurable outcomes: Reduction of party data collected and stored in living organizations or living enterprises.

from a shared data store, in doing so the segregation of duties component related to management of master records and tables are

International Party Management Capability

Lisa Marie “Werby-Martinez”

LS Greenway

Olga

Simulating Hyperinflation for 3650 days.

If private bond holdings are going down and the government is running a big deficit then the central bank has to monetize bonds equal to the deficit plus the decrease in private bond holdings. We don't show the details of the central bank buying bonds here, just the net results.

See blog at http://howfiatdies.blogspot.com for more on hyperinflation, including a hyperinflation FAQ.

Hyperinflation Simulation

Vincent Cate

15

Model 2

Laura Anne Geronimo