Insight diagram

This model is an extension of the System Thinking Certification course Network Magic Growing Pains segment and the Strategies for Enabling a Better Tomorrow model, which served as the blueprint for this model.


This model is intended to become part of an online learning platform which includes the with the Pathways to New Community Paradigms BlogPathways to New Community Paradigms Wiki and a number of other Internet based resources to explore what is termed here 'new community paradigms' which are a transformational change brought about by members of a community.




New Community Paradigms Entrenched City Halls
Insight diagram
This model shows the operation of a simple economy with two modifications made to Model 2 -- 1) feedback from production rate to consumption rate and 2) the use of a fractional rate input for calculating consumption rate. 

In summary, lower fractional rates of consumption (based on production) result in higher levels of Savings.
Simple Economy: Model 3
Insight diagram
This model shows the operation of an extremely simple economy. The system produces and consumes each item (or good) at a fixed rate.

When production exceeds consumption, consumer goods accumulate in stocks. Trading may occur between actors in this system. That will not, however, affect the quantities of the stocks of goods. It only affects ownership (not a concern of this model.)
Simple Economy: Model 1
Insight diagram
Eastern oyster growth model calibrated for Long Island Sound
Developed and implemented by Joao G. Ferreira and Camille Saurel; growth data from Eva Galimany, Gary Wickfors, and Julie Rose; driver data from Julie Rose and Suzanne Bricker; Culture practice from the REServ team and Tessa Getchis. This model is a workbench for combining ecological and economic components for REServ. Economic component added by Trina Wellman.

This is a one box model for an idealized farm with one million oysters seeded (one hectare @ a stocking density of 100 oysters per square meter)

1. Run WinShell individual growth model for one year with Long Island Sound growth drivers;

2. Determine the scope for growth (in dry tissue weight per day) for oysters centered on the five weight classes)
 
3. Apply a classic population dynamics equation:

dn(s,t)/dt = -d[n(s,t)g(s,t)]/ds - u(s)n(s,t)

s: Weight (g)
t: Time
n: Number of individuals of weight s
g: Scope for growth (g day-1)
u: Mortality rate (day-1)

4. Set mortality at 30% per year, slider allows scenarios from 30% to 80% per year

5. Determine harvestable biomass, i.e. weight class 5, 40-50 g (roughly three inches length)
REServ Eastern oyster ecology and economics Long Island Sound
Insight diagram
mft | vertical integration
5 months ago
Insight diagram
The upper diagram shows the principal factors that have an influence on the budget deficit and indicates what needs to be done to correct it. But this is not the full story. The diagram below shows that  cutting public expenditure reduces aggregate demand and  increases unemployment. The reduction of aggregate demand  reduces  economic activity which has the effect of reducing  tax revenue.  In addition, the state has to pay out funds as there is a need for more unemployment benefit payments.   The result of these austerity measures  is often the opposite of their intended purpose: they can increase rather than decrease the budget deficit.

There is plenty of empiric evidence to show that this has happened time and time again. For instance, a report from UNCTAD (United Nations Conference on Trade and Development) found that between 1990 and 2000 in all the  cases examined where cutbacks in public spending and tax increases were used, the fiscal situation did not only not improve but worsened. Despite such repeated evidence, unfortunately calls for  austerity measures continue to be heard. 

Fallacy of Spending Cuts
Insight diagram
Introduction:
This model aims to show that how the Tasmania government's COVID-19 policy can address the spread of the pandemic and in what way these policies can damage the economy.

Assumption:
Variables such as infection rate, death rate and the recovery rate are influenced by the actual situation.
The government will implement stricter travel bans and social distant policies as there are more cases.
Government policies reduce infection and limit economic growth at the same time.
A greater number of COVID-19 cases has a negative effect on the economy.

Interesting insights:
A higher testing rate will make the infection increase and the infection rate will slightly increase as well. 
Government policies are effective to lower the infection, however, they will damage the local economy. While the higher number of COVID-19 cases also influences economic activities.
Model of COVID-19 outbreak in Burnie_Guoyu Shen
Insight diagram
LS Greenway
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
This is a protoype of the bahai high level economic model in accordance to the bahai-economic principles.
Bahai high level economic model
Insight diagram
Untitled Insight
Insight diagram
nuclear_economic
Insight diagram
Introduction:
This simulation model demonstrates the outbreak of Covid-19 in Burnie, Tasmania and how the corresponding government’s responses affect the spreading of Covid-19. Meanwhile, this model also shows how the economy in Burnie is influenced by the impacts of both Covid-19 and government policies.

Variables: 
This simulation contains some relevant variables as follow:

Variables in Covid-19 outbreaks: (1) Infection rate, (2) Recovery rate, (3) Death rate, (4) Immunity loss rate

Variables in Government policies: (1) Vaccination rate, (2) Lockdown, (3) Travel ban, (4)Quarantine

Variables in Economy: (1) E-commerce business, (2) Unemployment rate, (3) Economic growth rate.

Assumption:
Government responses would be triggered when reported Covid-19 cases are at least 10.

The government policies reduce the spreading of Covid-19, but they would also limit economic development at the same time due to the negative impact of the policies on the economy is greater than the positive impact.

The increase in reported Covid-19 cases would negatively affect economic growth.

Interesting Insights:
The first finding is that the death number would keep increasing even though the infection rate has decreased, but with stronger government policies (such as implementing a coefficient over 25%), no more death numbers will occur caused by Covid-19.

The second finding is that as government policies limit business activities, with the increasing number of reported Covid-19 cases, economic growth will suffer a severe blow even if e-commerce grows, it can’t make up for this economic loss.
BMA 708 assignment 3 - simulation model of Covid-19 Outbreak in Burnie, Tasmania
Insight diagram
VA - socio-economic
Insight diagram

WIP Exttension of IM-172005 Simulation of Goodwin01 Minsky Model. Compare with Part3 slide 5 of presentation in patreon

Goodwin02 Minsky Simulation Keen Economic Dynamics Aug2019
Insight diagram
Commercial aviation economic activity in the EU
Insight diagram
Based on the SIR (Susceptible, Infected, Recovered) model of disease, this is an upgraded model with more specifc vaeriables.
Insights:
When the growth rate and the number of the recovered is much larger than deaths, the economic activity remain steady growing.
Model of COVID-19 outbreak in Burnie Tasmania
Insight diagram
WIP based on Bill mitchell's blogs. 
Sectoral balances are relationships among money flows during an accounting period. Where we perceive accumulations of past imbalances to be accrued is another matter....
MMT Fiscal position
Insight diagram
The model is built to demonstrates how Burnie Tasmania can deal with a new COVID-19 outbreaks, taking government policies and economic effects into account.
The susceptible people are the local Burnie residents. If residents were infected, they would either recovered or dead. However, even they do recover, there is a chance that they will get infected again if immunity loss occurs.
From the simulation result we can see that with the implementation of local government policies including travel ban and social distancing,  the number of infected people will decrease. The number of recovered people will increase in the first 5 weeks but then experience a decrease.
In addition, with the implementation of local government policy, the economic environment in Burnie will be relatively stable when the number of COVID-19 cases is stable.
How Burnie, Tasmania can deal with a new outbreak of COVID-19
Insight diagram
WIP  based on Where profits come from paper , Nathan Tankus blog and other historical sources
Monetary Circuit Flows
4 weeks ago
Insight diagram
mft | manufacturing commons
5 months ago
Insight diagram
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
Insight diagram
This is to support a discussion on money flows and growth. Money as a lubricant for the flow of embodied energy in human systems.
See also A Prosperous Way Down website
Odum Money and Energy Flows