Insight diagram

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

Clone of Simplified Keen Goodwin Minsky Financial Instability model
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
Clone of Odum Money and Energy Flows
Insight diagram
An initial study of the economics of single use coffee pods.
Clone of Coffee Pods ISD Humanities v 1.02
Insight diagram

THE NEW SCIENCE OF PLEASURE Daniel L. McFadden NBER Working Paper 18687

From Extended Neoclassical to Behavioral Choice Models
Insight diagram
This model compares direct exchange prices to money prices. It demonstrates the distortion that monetary expansion or contraction has on the information contained in monetary pricing.
Pricing Model
Insight diagram
An initial study of the economics of single use coffee pods.
Clone of Coffee Pods ISD Humanities v 1.02
Insight diagram

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.

Clone of Minsky Financial Instability Model
Insight diagram

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.

Clone of Minsky Financial Instability Model
Insight diagram
From Walrave ISDC2014 paper Counteracting the success trap in publically owned corporations
Clone of Explore or Exploit
Insight diagram
An initial study of the economics of single use coffee pods.
Clone of Clone of Coffee Pods ISD Humanities v 1.02
Insight diagram
An initial study of the economics of single use coffee pods.
Clone of Coffee Pods ISD Humanities v 1.01
Insight diagram
An initial study of the economics of single use coffee pods.
Clone of Coffee Pods ISD Humanities v 1.02
Insight diagram
An initial study of the economics of single use coffee pods.
Clone of Coffee Pods ISD Humanities v 1.02
Insight diagram
An initial study of the economics of single use coffee pods.
Clone of Coffee Pods ISD Humanities v 1.02
Insight diagram
An initial study of the economics of single use coffee pods.
Clone of Coffee Pods ISD Humanities v 1.02
Insight diagram
Simulation of MTBF with controls

F(t) = 1 - e ^ -λt 
Where  
• F(t) is the probability of failure  
• λ is the failure rate in 1/time unit (1/h, for example) 
• t is the observed service life (h, for example)

The inverse curve is the trust time
On the right the increase in failures brings its inverse which is loss of trust and move into suspicion and lack of confidence.
This can be seen in strategic social applications with those who put economy before providing the priorities of the basic living infrastructures for all.

This applies to policies and strategic decisions as well as physical equipment.
A) Equipment wears out through friction and preventive maintenance can increase the useful lifetime, 
B) Policies/working practices/guidelines have to be updated to reflect changes in the external environment and eventually be replaced when for instance a population rises too large (constitutional changes are required to keep pace with evolution, e.g. the concepts of the ancient Greeks, 3000 years ago, who based their thoughts on a small population cannot be applied in 2013 except where populations can be contained into productive working communities with balanced profit and loss centers to ensure sustainability)

Early Life
If we follow the slope from the leftmost start to where it begins to flatten out this can be considered the first period. The first period is characterized by a decreasing failure rate. It is what occurs during the “early life” of a population of units. The weaker units fail leaving a population that is more rigorous.

Useful Life
The next period is the flat bottom portion of the graph. It is called the “useful life” period. Failures occur more in a random sequence during this time. It is difficult to predict which failure mode will occur, but the rate of failures is predictable. Notice the constant slope.  

Wearout
The third period begins at the point where the slope begins to increase and extends to the rightmost end of the graph. This is what happens when units become old and begin to fail at an increasing rate. It is called the “wearout” period. 
Clone of Clone of BATHTUB MEAN TIME BETWEEN FAILURE (MTBF) RISK
Insight diagram
An initial study of the economics of single use coffee pods.
Clone of Coffee Pods ISD Humanities v 1.02
Insight diagram
An initial study of the economics of single use coffee pods.
Clone of Coffee Pods ISD Humanities v 1.02
Insight diagram
An initial study of the economics of single use coffee pods.
Clone of Hannah's Coffee Pods ISD Humanities v 1.02
Insight diagram
An initial study of the economics of single use coffee pods.
Clone of Coffee Pods ISD Humanities v 1.02
Insight diagram
An initial study of the economics of single use coffee pods.
Clone of Coffee Pods ISD Humanities v 1.02
Insight diagram
This model compares direct exchange prices to money prices. It demonstrates the distortion that monetary expansion or contraction has on the information contained in monetary pricing.
Clone of Pricing Model
Insight diagram
An initial study of the economics of single use coffee pods.
Clone of Coffee Pods ISD Humanities v 1.02
Insight diagram
Jay Forrester's "Market Growth as Influenced by Capital Investment" model as rebuilt by Eric Stiens
Clone of Market Growth as Influenced by Capital Investment