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Economic Model
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This model analyzes the interaction between climate change mitigation and adaptation in the land use sector using the concept of forest transition as a framework.
Forest Transition
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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
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This is a toy model of an investment market.

Households follow a simple ratio to invest in bonds or equities.  In part, the investment decision is stochastic, such that stock market returns are volatile, with equities more volatile than bonds and with a higher yield. As such, the system shows increasing volatility as the investment bubble grows.


Investment Markets
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This seeks to model increasing improvements in long run economic growth potential as the education level increases.
LR Economic Growth
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This is a first attempt to illustrate the interconnected nature of the economic assets of Roswell - Chaves County
RCC economic model
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This model is based off Meadows economic capital with reinforcing growth loop constrained by a renewable resource model.
Tourism Simulator
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A simple budget planning system.  What additional complexities can you add?
ISD Savings Plan
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Commercial aviation economic activity in the EU
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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
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The causes of homelessness is illustrated in this causal loop diagram
Homelessness problem
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​Farmers use intensive pesticides to harvest cotton, which is harmful to not only the health of the farmers using them, but also our environment as it pollutes rivers and groundwater that negatively interfere with the ecosystem. Even though these farmers know of the health and environmental risks, they still use harmful pesticides to produce cotton, but why is this so. This stock and flow map should explain what impacts farmers to use pesticides to grow cotton despite the risks and explain the cause and effect relationship their use has on the cotton industry and the environment.
According to Clevo Wilson and Clem Tisdell article, "Why farmer continue to use pesticides despite environmental, health and sustainable costs,"

Pesticide use by farmers:
  • "used to reduce yield losses to pests"
  • "avoid economic losses to ensure economical survival"
  • "increase supply market and reduce market prices"
  • "ignorance of sustainable use"
  • "integral part of commercially grow high yielding varieties so without use, high yields may not be sustained"
  • "damage to agriculture land from the use occurs over long period of time so costs may not look serious short term, but reduces economic welfare in long term"
  • "environmental damage: pollutes rivers and groundwater, destroys beneficial predators and interferes with ecosystem overall"
  • "health risks underestimated"
  • "chemical companies selling it have incentive to push their use by advertising and promotion" (1,9).
Farmer Pesticide Use On Cotton
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This simple model describes wealth accumulation. The value in income is described by the following simple equation:

simple wealth accumulation model 1.1
20 10 months ago
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Adam Smith's The Invisible Hand: The Feedback Structure of Markets. From Sterman JD Business Dynamics p170 Fig 5-26. A price-mediated resource allocation system..

Price control mechanism
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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
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I made this model to simulate how a companies revenue will change depending on the lifetime of the appliances it manufactures, in combination with the ratio of repair costs and price. It also shows the accumulation of e-waste.
Appliances lifetime simulation with folder
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Ijssel Delta Final
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This model is developed to simulate how Burnie can deal with a new outbreak of COVID-19 considering health and economic outcomes. The time limit of the simulation is 100 days when a stable circumstance is reached. 

Stocks
There are four stocks involved in this model. Susceptible represents the number of people that potentially could be infected. Infected refers to the number of people infected at the moment. Recovered means the number of people that has been cured, but it could turn into susceptible given a specific period of time since the immunity does not seem everlasting. Death case refers to the total number of death since the beginning of outbreak. The sum of these four stocks add up to the initial population of the town.

Variables
There are four variables in grey colour that indicate rates or factors of infection, recovery, death or economic outcomes. They usually cannot be accurately identified until it happen, therefore they can be modified by the user to adjust for a better simulation outcome.

Immunity loss rate seems to be less relevant in this case because it is usually unsure and varies for individuals, therefore it is fixed in this model.

The most interesting variable in green represents the government policy, which in this situation should be shifting the financial resources to medical resources to control infection rate, reduce death rate and increase recovery rate. It is limited from 0 to 0.8 since a government cannot shift all of the resources. Bigger scale means more resources are shifted. The change of government policy will be well reflected in the economic outcome, users are encouraged to adjust it to see the change.

The economic outcome is the variable that roughly reflects the daily income of the whole town, which cannot be accurate but it does indicate the trend.

Assumptions:
The recovery of the infected won't happen until 30 days later since it is usually a long process. And the start of death will be delayed for 14 days considering the characteristic of the virus.
Economic outcome will be affected by the number of infected since the infected cannot normally perform financial activities.
Immunity effect is fixed at 30 days after recovery.

Interesting Insights:
 In this model it is not hard to find that extreme government policy does not result in the best economic outcome, but the values in-between around 0.5 seems to reach the best financial outcome while the health issues are not compromised. That is why usually the government need to balance health and economic according to the circumstance. 
 

New outbreak of COVID-19 in Burnie
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Multiscale view of Combined PH and Economic Views IM 70763  in preparation for integrating with Prevention Investment Framework (private) IM
Multiscale Zoomable Prevention Model View
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When people talk about a government deficit, they forget that this is only one side of the ledger. On the other is a corresponding non-government SURPLUS. The money the government spends is not lost but shows up in the private sector as income. When one talks only of the deficit then one can understand that many think it should be reduced or even converted into a surplus, but reducing the government deficit reduces private sector income and a government surplus forces a deficit on the private sector with a potentially devastating effect on private sector wealth and economic activity.  Unless the economy is overheating, government deficits are usually healthy. For countries that run traditionally a trade deficit, such as the US they are necessary to maintain economic activity. Consider this fact: for almost all of past 40 years the US and the UK have run deficits without any harmful effects!

This video by professor Stephanie Kelton contains evidence that supports the modle.

https://www.youtube.com/watch?v=g6rlprwQB5E

The Dynamic that shows that Government Deficits benefit the Private Sector
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Any activity  requires the use of energy. Economic activity is not possible without energy,  especially fossil fuels. An increase in economic activity necessarily leads to an increase in the use  fossil fuels and greenhouse gas emissions. In addition there will   be a commensurate increase in waste products, pollution and heat. This is dictated by the laws of physics and unavoidable.  A problem arise when the cost of this degeneration caused by continual economic growth surpasses the benefit society derives from it. The ecological economist Professor Herman Daly (2014) explained that when the impact on the ecosystem is correctly measured, global growth has reached a point where the total private and social costs of economic growth outweigh the private and social benefits. In other words, more economic growth is making global society worse off overall - growth has become uneconomic! The model shows that eventually pressures will build up that counteract the perennial belief that all social ills can be solved with economic growth. 

The dynamic of UNECONOMIC growth
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WIP of Rammelt's 2019 System Dynamics Review Article which has STELLA and Minsky software versions as supplements. Compare with the older IM-2011 version

Simplified Keen Goodwin Minsky Financial Instability model
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WIP SD REpresentation of Steve Keen's BOMD Minsky model (described in Fig.5 of his patreon Jan2021 Draft New Economics Manifesto) to hope to make the causal structure clearer
Keen Bank Originated Money and Private Debt
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• This model examines how sustainable consumerism is from social, economic, and environmental aspects. The question in focus is "How will our second-hand clothing donations affect communities in developing countries, specifically Kenya?"

5 Stock Variables: 
• U.S. Consumers
• Multinational Corporations
• Overseas Factories
• Kenya

Highlight Findings: 
To sum up, there are 4 major problems associated to donations:
• 1. Source of problem is the consumer: Cheap deals attract hundreds of millions in revenue for fast fashion, and contribute to 100,000 tonnes of clothing to Kenya annually. 
• 2. Rapid consumerism leads to over-utilization of slowly-renewable resources, such as water.
• 3. Nearly 96% of textiles jobs are eradicated by the massive inflow of clothing donations to Kenya. 
• 4. The offshoring of textiles jobs enrages U.S. blue-collar workers, leading to the rise of protectionism.  



Environmental, social, and economic sustainability aspects of textiles donations