A Tragedy of the Commons situation exists whenever two or more activities, each, which in order to produce results, rely on a shared limited resource. Results for these activities continue to develop as long as their use of the limited resource doesn't exceed the resource limit. Once this limit is reached the results produced by each activity are limited to the level at which the resource is replenished. As an example, consider multiple departments with an organization using IT resources, until they've exhausted IT capacity.
Environmental economics Niger Delta oil polluted case study
Economic capital growth model, Figure 27 from Thinking in Systems by Donella H. Meadows
Economic Capital Growth
Simple tragedy of the commons behavior model.
Common Resources
Just need to add sensitivity testing and storytelling, as well as make simulation displays for each thing we want to show
Also, everything in the agent folder cannot be displayed as its own primitive, so you can't see their individual outputs. We need to make agent states that simply have the [primitive title] as their code.
GSGS4610_Greece_Germany_Migration_FinalModel
An initial study of the economics of single use coffee pods.
Coffee Pods ISD Humanities v 1.02
One of the Archetypes that I see is the way out. The Pioneer Seeds bought will directly keep affecting DuPont's Profit until they start buying Ghanaian corn seeds. My Behavior over Time graphs keep disappearing so, I will just explain them instead. DuPont's Profit will keep going up because so many people like buying the pioneer seeds. Soil Erosion will also go up because there will be more plants growing. Farmers profit will go down because more and more farmers are buying the Pioneer seeds. Affordability of Pioneer Seeds is also going down because of there popularity. The amount of GMO labels is also going down because DuPont feels like it will risk there business. The amount of Pioneer Seeds bought is going up because more and more people keep buying them. The amount of Farming Jobs are going up because more and more people think they will get profit in this business and then it starts to stabilize and goes down a little because they realize farming isn't that good. The amount of Pioneer Seeds is affecting how big the harvest is so, the Harvest is going up. The Amount of Ghanaian Seeds bought is going down because there are more and more Pioneer seeds being bought. Dependency on DuPont is increasing because they need there Pioneer Seeds.
Also my story mode isn't working so sorry about that, but my dad couldn't figure it out either.
Pioneer Seed vs. Ghanian Seed Economical Approach
This model shows the operation of a simple economy. It demonstrates the effect of changes in the fractional rate of consumption (or the converse the fractional rate of saving.)
In summary, lower rates of consumption (based on production) result in higher rates of production and consumption in the long-run.
Simple Economy: Model 8 Alternative
The World3 model is a detailed simulation of human population growth from 1900 into the future. It includes many environmental and demographic factors.
THIS MODEL BY GUY LAKEMAN, FROM METRICS OBTAINED USING A MORE COMPREHENSIVE VENSIM SOFTWARE MODEL, SHOWS CURRENT CONDITIONS CREATED BY THE LATEST WEATHER EXTREMES AND LOSS OF ARABLE LAND BY THE ALBEDO EFECT MELTING THE POLAR CAPS TOGETHER WITH NORTHERN JETSTREAM SHIFT NORTHWARDS, AND A NECESSITY TO ACT BEFORE THERE IS HUGE SUFFERING.
BY SETTING THE NEW ECOLOGICAL POLICIES TO 2015 WE CAN SEE THAT SOME POPULATIONS CAN BE SAVED BUT CITIES WILL SUFFER MOST.
CURRENT MARKET SATURATION PLATEAU OF SOLID PRODUCTS AND BEHAVIORAL SINK FACTORS ARE ALSO ADDED
Use the sliders to experiment with the initial amount of non-renewable resources to see how these affect the simulation. Does increasing the amount of non-renewable resources (which could occur through the development of better exploration technologies) improve our future? Also, experiment with the start date of a low birth-rate, environmentally focused policy.
2014 Weather & Climate Extreme Loss of Arable Land and Ocean Fertility - The World3+ Model: Forecaster
Challenge p.212 Business Dynamics, Sterman
Oil Shortage 1979 Iran Revolution
Buying and storing electricity when it is cheap, and selling it when it is expensive. What are the benefits, both public and private?
Smart Grid: Electricity storage and variable energy pricing
This is part of series of model implemented from "Thinking in Systems" book by Donella Meadows
Thinking in Systems - Economic Capital - Fig 37, 44
Economic Assessment Model Virtualisation of Electric Substations
Image Used;
Title: Industry Cliparts
Source: http://clipart-library.com/industry-cliparts.html
Creator: Clipart Library
Book: Meadows, D. H., & Wright, D. (2009). Thinking in systems: a primer. London: Earthscan.
Economic Capital
WIP based mostly on Jan
Toporowski
2013 vol 1 and
2018 vol 2 books on Michal Kalecki: An Intellectual Biography
Layout Consistent with David Wheat MacroEconomic model CLD Insight by Gene Bellinger
Kalecki economic thought
Modern industrial civilisation has created massive
interdependencies which define it and without which it could not function. We all
depend on industrial farming to produce the food we eat, we depend on gasoline
being available at the gas station, on the
availability of electricity and even on the bread supplied by the local baker. Naturally,
we tend to support the institutions that supply the amenities and goods to
which we have become accustomed: if we get our food from the local supermarket,
it is likely that we would be opposed to it’s closure. This means that the economic
system that relies on continuous growth enjoys implicit societal support and that
nothing short of environmental disaster or a shortage of essential raw
materials will impede it’s growing indefinitely. It is not hard to work out the
consequences of this situation!
The Inescapable Dynamic of Economic Growth
Economic growth model v.1
The term 'work' has been used in this model in the sense of economic activity to include not only
work done by people but also by machines. The model shows 8 positive
feedback loops that reinforce work and the need to work. From the perspective of physics, civilisation can be described as a MECHANISM FOR USING ENERGY AND DOING WORK.
Work, however, has some unavoidable consequences. The second law of thermodynamics
tells us that any ‘work’ requires the use of energy and that DOING WORK entails
the generation of WASTE HEAT. The laws of physics also tell us that CO2 emissions from burning fossil fuels will cause global warming. These unintended
and unavoidable consequences are highlighted in the model by prominent arrows.
Can
the structure of this system be changed to avoid a foreseeable collapse of civilisation?
Do economic activity and work unavoidably lead to doom?
WIP SD representation of Ch11 of their 2007 Monetary Economics book, as suggested by Adam K. Plan is to do a top down simple money flow SFC mmt model and successively split sectors. See also essence of MMT IM and simpler version Ch3 IM
Godley and Lavoie Growth Model
Based on Nate Osgood's April 2014 Singapore Presentation Youtube video and Lyle Wallis material Gojii at DecisioTech See also Complex Decison Technologies IM as a more polished version
Complex Intervention Modeling Areas
Overview of Part F Ch 25 and 26 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
Economic Instability
A model of the ebb and flow of agricultural societies, like China's history. From Khalil Saeed and Oleg Pavlov's WPI 2006 paper See also the Generic structure Insight Map
Dynastic Cycles Model
A clone of the Goodwin cycle IM-2010 with debt and taxes added, modified from Steve Keen's illustration of Hyman Minsky's Financial Instability Hypothesis "stability begets instability". This can be extended by adding the Ponzi effect of borrowing for speculative investment: http://www.jstor.org/stable/10.2307/4538470.
This model requires development and testing. Please contact the author if you are able to help.
Minsky Financial Instability Model
Cornerstore Economic Model