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Based on the Market and Price simulation model in System Zoo 3. Used in the System Thinking section of Regenerative Economics.
Price change from supply
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COVID-19 Outbreak in Burnie Tasmania Simulation Model

Introduction:

This model simulates the COVID-19 outbreak situation in Burnie and how the government responses impact local economy. The COVID-19 pandemic spread is influenced by several factors including infection rate, recovery rate, death rate and government's intervention policies.Government's policies reduce the infection spread and also impact economic activities in Burnie, especially its tourism and local businesses.   

Assumptions: 

- This model was built based on different rates, including infection rate, recovery rate, death rate, testing rate and economic growth rate. There can be difference between 
this model and reality.

- This model considers tourism and local business are the main industries influencing local economy in Burnie.

- Government's intervention policies will positive influence on local COVID-19 spread but also negative impact on local economic activity.

- When there are more than 10 COVID-19 cases confirmed, the government policies will be triggered, which will brings effects both restricting the virus spread and reducing local economic growth.

- Greater COVID-19 cases will negatively influence local economic activities.

Interesting Insights:

Government's vaccination policy will make a important difference on restricting the infection spread. When vaccination rate increase, the number of deaths, infected people and susceptible people all decrease. This may show the importance of the role of government's vaccination policy.

When confirmed cases is more than 10, government's intervention policies are effective on reducing the infections, meanwhile local economic activities will be reduced.

BMA708-Tian Liang-586868-Model of COVID-19 Outbreak in Burnie, Tasmania
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Fig.5 Generic resource allocation structure from Khalil Saeed and Oleg Pavlov's Dynastic Cycles SD model paper  See also  the SD Model Insight
Dynastic Cycles Structure
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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.

Article SDR Case study System dynamic modelling
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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
4 months ago
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Develop a system model using the gathered  Biophysical, Socio-economic, and Cultural data of Iwahig
System Thinking and Modelling
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Description:

This is a system dynamics model of COVID-19 outbreak in Burnie which shows the process of infections and how  government responses, impact on the local economy.  

First part is outbreak model, we can know that when people is infected, there are two situations. One is that he recovers from  treatment, but even if he recovered, the immunity loss rate increase, makes him to become infected again. The other situation is death. In this outbreak, the government's health policies (ban on non-essential trips, closure of non-essential retailers, limits on public gatherings and quarantine )  help to reduce the spread of the COVID-19 new cases. Moreover,  government legislation is dependent on  number of COVID-19 cases and testing rates. 

 Second part: the model of Govt legislation and economic impact. Gov policy can help to reduce infection rate and local economy at same way. The increase of number of COVID-19 cases has a negative impact on local Tourism industry and economic growth rate. On the other hand, Govt legislation also can be change when reported COVID-19 case are less or equal to 10.






Model of COVID-19 outbreak in Burnie(Yafei Shi 489576)
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Ocean/atmosphere/biosphere model tuned for interactive economics-based simulations from Y2k on.
Lab 13 Base Model
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This insight includes a Limits to Success archetype. (Bubbles colored with a darker blue)
Economical Factor
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FORCED GROWTH GROWTH GOES INTO TURBULENT CHAOTIC DESTRUCTION 
 BEWARE pushing increased growth blows the system!
(governments are trying to push growth on already unstable systems !)

The existing global capitalistic growth paradigm is totally flawed

The chaotic turbulence is the result of the concept and flawed strategy of infinite bigness this has been the destructive influence on all empires and now shown up by Feigenbaum numbers and Dunbar numbers for neural netwoirks

See Guy Lakeman Bubble Theory for more details on keeping systems within finite limited size working capacity containers (villages communities)

FORCED GROWTH INTO TURBULENCE
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Island economic system
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Economic model
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This page provides a structural analysis of POTUS Candidate Rick Perry's economic policy based on the information at: https://rickperry.org/issues/​ The method used is Integrative Propositional Analysis (IPA) available: ​ http://scipolicy.org/uploads/3/4/6/9/3469675/wallis_white_paper_-_the_ipa_answer_2014.12.11.pdf
DRAFT IPA of Rick Perry economic policy
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Group Project - German recession risk
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Pathways Causal Loop - Health
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From Schluter et al 2017 article A framework for mapping and comparing behavioural theories in models of social-ecological systems COMSeS2017 video. See also Balke and Gilbert 2014 JASSS article How do agents make decisions? (recommended by Kurt Kreuger U of S)
Modelling human behaviour (MoHuB)
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This page provides a structural analysis of POTUS Candidate Lindsey Graham's economic policy based on the information at: http://www.lindseygraham.com/issue/restore-fiscal-discipline/     http://www.lindseygraham.com/issue/ease-tax-and-regulatory-burdens/      http://www.lindseygraham.com/issue/achieve-energy-independence/     http://www.lindseygraham.com/issue/reform-entitlements/       The method used is Integrative Propositional Analysis (IPA) available: ​ http://scipolicy.org/uploads/3/4/6/9/3469675/wallis_white_paper_-_the_ipa_answer_2014.12.11.pdf
DRAFT IPA of Lindsey Graham Economic Policy
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The Great Barrier Reef Sustainability Model:

Credit and Resources (not including non-graph images):

1. Chapter Two- Basic System Dynamics:
Harris,S.E., Burch, S.L (2014). Understanding climate change: Science, policy, and practice

2. The Scripps Institute of Oceanography
Graphs and data for levels of CO2  provided via the published material from the Mauna Loa Observatory in Hawaii

3. How many Gigatons of CO2 ...?
http://www.informationisbeautiful.net/visualizations/how-many-gigatons-of-co2/
This is the compiled results of levels of CO2 used in this model. The website itself has a list of resources used to compile the summarized mean data.

4.Week Two and Three ISCI 360 Lectures:
Emily Scribner and Stuart Sutherland 

5. Dr. Harvey's Proposition 
Harvey,D.D.L (2007). Mitigating the atmospheric CO2 increase and ocean acidification  by adding limestone powder to upwelling regions 
Website: http://faculty.geog.utoronto.ca/Harvey/Harvey/
Article:http://www.treehugger.com/clean-technology/giving-geo-engineering-another-go-dumping-limestone-into-the-oceans-to-fight-acidification.html

6. 5. Limestone Quarry and Processing
University of Tennessee and published by the National Stone Council 
http://www.naturalstonecouncil.org/content/file/LCI%20Reports/Limestone_LCIv1_October2008.pdf
6.
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Final Version of ISCI 360- The Great Barrier Reef Sustainability Model
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Causal loop diagram illustrating a variety of feedback loops influencing the price of oil.
Oil Price Influencers (3-Loop)
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Tilburg University e-business
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Data Matrix
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This page provides a structural analysis of POTUS Candidate Scott Walker based on the information at: https://www.scottwalker.com/news/why-i%E2%80%99m-running-president   The method used is Integrative Propositional Analysis (IPA) available: ​ http://scipolicy.org/uploads/3/4/6/9/3469675/wallis_white_paper_-_the_ipa_answer_2014.12.11.pdf
DRAFT IPA of Scott Walker Economic Policy
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Economical Factors of Science: C8