Find Insights | Insight Maker

A system dynamics model to CBA of smart grid project

STATIC_Model_System dynamics approach to Isernia CBA Case

Jose Angel L V

11 9 months ago

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

Maxime's Coffee Company Model

Maxime Mijnlieff

A simple budget planning system. What additional complexities can you add?

ISD Savings Plan - Science Intro

Kevin Collins

6

Goodwin Model:

This is a basic version of the Goodwin Model based on Kaoru Yamagushi (2013), Money and Macroeconomic Dynamics, Chapter 4.5 (link)

Equilibrium conditions:

Labor Supply = 100

Devation from the equilibrium conditions generates growth cycles.

Goodwin Model

Silvan

7

AT-3

Xuanze Liang

4

MONEY_People IPN_Model2_Oscillations_0.1.3

Bruce.Beihoff

This is a reconstruction of the SIMM model presented in Chapter 2 of Feedback Economics (Contemporary Systems Thinking)

@LinkedIn, Twitter, YouTube

Simple Macroeconomic Model (SIMM) (SFD)

Gene Bellinger

9

This is a clone of "Fast Fashion ISCI 360 Solutions Final submission" created by user "V B" which we are using as the foundation for an exercise in the DTU course 12100 "Quantitative sustainability".

The model takes into account clothing production and textile waste on a global scale while incorporating Vancouver's own "Fast Fashion" issue into the model.

Please refer to the notes for each variable and stock to see which links were hidden from the model.

Part 2: Our solution for the issue surrounding "Fast Fashion" focuses on increasing individuals education about sustainability and how they can help reduce negative impacts on the environment by shopping less, recycling and donating. This effect of education on sustainability is seen in the "Online Shopping" equation where the impact of "Education on Sustainability" is increased by x1.5 which impacts the entire model. Furthermore, components of the feedback loop on the right are also influenced by increasing education on sustainability and thus, those values were altered accordingly. These values were chosen arbitrarily by taking into account that doubling any value is not realistic so the change should be between x1.0 and x2.0.

Clone of Fast Fashion ISCI 360 Solutions Final Edit

David Lusseau

323 2 hours ago

This Insight is used for simulating growth of a company with specified parameters.

CompanyGrowth

Stanislav Kubis

Ocean/atmosphere/biosphere model tuned for interactive economics-based simulations from Y2k on.

Q2 Final Project w/ socio-economic

Claire Murley

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

Jie Sun

3

A sample model for class discussion modeling COVID-19 outbreaks and responses from government with the effect on the local economy. Govt policy is dependent on reported COVID-19 cases, which in turn depend on testing rates less those who recover

Assumptions

Govt policy reduces infection and economic growth in the same way.

Govt policy is trigger when reported COVID-19 case are 10 or less.

A greater number of COVID-19 cases has a negative effect on the economy. This is due to economic signalling that all is not well.

Interesting insights

Higher testing rates trigger more rapid government intervention, which reduces infectious cases. The impact on the economy, though, of higher detected cases is negative.

Burnie COVID-19 outbreak demo model version 2

Steven D'Alessandro

39 3 months ago

Class Economics

Neon Schaf

6 months ago

Community Economic Impact

Matthew Owen Deters

Peak oil occurs not when there are no more reserves, but when it is too expensive to bring them to the surface. The diagram describes a dynamic where peak oil leads to oil prices that are too low for oil companies to produce oil. There are two keys to understand this counterintuitive situation. First, it is important to realize that without energy (oil) no economic activity can take place. Second, when supplies of oil become scarce, non-elite workers - because of the contraction of the economy - will lose their jobs or suffer salary cuts. This will make goods containing (or using) oil products too expensive for the masses. Demand for those products (most things on the market) will decline and with it demand for oil - oil prices will drop too low for oil companies to produce oil!

These ideas stem from Gail Tverberg's blog: 'Our Finite World'. https://ourfiniteworld.com/

PEAK OIL LEADS TO LOW OIL PRICES

Hanns-Jürgen Hodann

$This model shows the operation of a simple economy. It demonstrates the effect of changes in the fractional rate of consumption (or the converse, the fractional rate of saving.) It also, unlike Models 2 & 3, shows the influence Savings has on the production rate . In summary, lower rates of co$

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.) It also, unlike Models 2 & 3, shows the influence Savings has on the production rate.

In summary, lower rates of consumption (based on production) result in higher rates of both production and consumption in the long-run.

Simple Economy: Model 4

Jim Berger

3

Decarbonization Stories

Dean M

10

Model description:

This model is designed to simulate the outbreak of Covid-19 in Burnie in Tasmania, death cases, the governmental responses and Burnie local economy.

More importantly, the impact of governmental responses to both Covid-19 infection and to local economy, the impact of death cases to local economy are illustrated.

The model is based on SIR (Susceptible, Infected and recovered) model.

Variables:

The simulation takes into account the following variables:

Variables related to Covid-19: (1): Infection rate. (2): Recovery rate. (3): Death rate. (4): Immunity loss rate.

Variables related to Governmental policies: (1): Vaccination mandate. (2): Travel restriction to Burnie. (3): Economic support. (4): Gathering restriction.

Variables related to economic growth: Economic growth rate.

Adjustable variables are listed in the part below, together with the adjusting range.

Assumptions:

(1): Governmental policies are aimed to control(reduce) Covid-19 infections and affect (both reduce and increase) economic growth accordingly.

(2) Governmental policy will only be applied when reported cases are 10 or more.

(3) The increasing cases will negatively influence Burnie economic growth.

Enlightening insights:

(1) Vaccination mandate, when changing from 80% to 100%, doesn't seem to affect the number of death cases.

(2) Governmental policies are effectively control the growing death cases and limit it to 195.

Burnie Tasmania Covid - 19 outbreak simulation Model by Yankang Huang 541 277

Yankang Huang

WFA4133 Graham-Schaefer model with variable F & Econmics

Michael Colvin

Irving Fisher's Debt Deflation Theory from Michael Joffe Fig. 3.4 p54 Ch3 Feedback Economics Book with Private Credit Inflation boom added to the bust cycles

Irving Fisher's Debt Deflation Theory

Geoff McDonnell

This page provides a structural analysis of POTUS Candidate Jim Webb. 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 Jim Webb POTUS candidate economic policy

Steve Wallis

This is an interface to explore UK-SSP4.

UK-SSP4 Inequality

Magnus Merkle

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)

Geoff McDonnell

11

A simple model for cc adoption which depends on several condions.

Cloud Computing adoptation

Rohit Nalavade