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Economics Models

These models and simulations have been tagged “Economics”.

Related tagsEnvironmentLinear EconomyCircular EconomyHumanitiesISDAgriculture

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THE BROKEN LINK BETWEEN SUPPLY AND DEMAND CREATES TURBULENT CHAOTIC DESTRUCTION

The existing global capitalistic growth paradigm is totally flawed

Growth in supply and productivity is a summation of variables as is demand ... when the link between them is broken by catastrophic failure in a component the creation of unpredictable chaotic turbulence puts the controls ito a situation that will never return the system to its initial conditions as it is STIC system (Lorenz)

The chaotic turbulence is the result of the concept of infinite bigness this has been the destructive influence on all empires and now shown up by Feigenbaum numbers and Dunbar numbers for neural netwoirks

See Guy Lakeman Bubble Theory for more details on keeping systems within finite working containers (villages communities)

Clone of Clone of THE BROKEN LINK BETWEEN SUPPLY AND DEMAND CREATES CHAOTIC TURBULENCE (+controls)
Profile photo Yanhui Su
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Investigations into the relationships responsible for the success and failure of nations. This investigation was prompted after reading numerous references on the subject and perceiving that *Why Nations Fail: The Origins of Power, Prosperity, and Poverty* by Acemoglu and Robinson seem to make a great deal of sense.
@LinkedIn, Twitter, YouTube
Clone of Why Nations Fail
Profile photo John Doe
Insight diagram
An initial study of the economics of single use coffee pods.
Clone of Coffee Pods ISD Humanities v 1.02
Profile photo Yuzuki Aizawa
Insight diagram
An initial study of the economics of single use coffee pods.
Clone of Coffee Pods ISD Humanities v 1.02
Profile photo Hannah Saddey
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The Logistic Map is a polynomial mapping (equivalently, recurrence relation) of degree 2, often cited as an archetypal example of how complex, chaotic behaviour can arise from very simple non-linear dynamical equations. The map was popularized in a seminal 1976 paper by the biologist Robert May, in part as a discrete-time demographic model analogous to the logistic equation first created by Pierre François Verhulst. 

Mathematically, the logistic map is written

where:

 is a number between zero and one, and represents the ratio of existing population to the maximum possible population at year n, and hence x0 represents the initial ratio of population to max. population (at year 0)r is a positive number, and represents a combined rate for reproduction and starvation. To generate a bifurcation diagram, set 'r base' to 2 and 'r ramp' to 1
To demonstrate sensitivity to initial conditions, try two runs with 'r base' set to 3 and 'Initial X' of 0.5 and 0.501, then look at first ~20 time steps

Clone of The Logistic Map
Profile photo V Krishnan Ramanujan
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Goodwin business cycle model, modified from Keen and Blatt

Clone of Goodwin Business Cycle
Profile photo Christophe Faugere
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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
Profile photo Geoff McDonnell
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Adapted from Hartmut Bossel's "System Zoo 3 Simulation Models, Economy, Society, Development."

​Population model where the population is summarized in four age groups (children, parents, older people, old people). Used as a base population model for dealing with issues such as employment, care for the elderly, pensions dynamics, etc.
Clone of Clone of Z602 Population with four age groups
Profile photo Jeb Eddy
Insight diagram
Adapted from Hartmut Bossel's "System Zoo 3 Simulation Models, Economy, Society, Development."

​Population model where the population is summarized in four age groups (children, parents, older people, old people). Used as a base population model for dealing with issues such as employment, care for the elderly, pensions dynamics, etc.
Clone of Z602 Population with four age groups
Profile photo Alhambra
4
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An initial study of the economics of single use coffee pods.
Clone of Coffee Pods ISD Humanities v 1.02
Profile photo Isaac L.
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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
Profile photo leimeng zhang
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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

Clone of Simplified Keen Goodwin Minsky Financial Instability model
Profile photo sub cribed
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Goodwin business cycle model, modified from Keen and Blatt

Clone of Goodwin Business Cycle
Profile photo David Horgan
Insight diagram
Adapted from Hartmut Bossel's "System Zoo 3 Simulation Models, Economy, Society, Development."

​Population model where the population is summarized in four age groups (children, parents, older people, old people). Used as a base population model for dealing with issues such as employment, care for the elderly, pensions dynamics, etc.
Clone of Clone of Z602 Population with four age groups
Profile photo Bechara Assouad
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An initial study of the economics of single use coffee pods.
Clone of Clone of Coffee Pods ISD Humanities v 1.02
Profile photo Aryaman Mitra
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Map of Geoffrey M Hodgson's 2015 Conceptualizing Capitalism book summary pdf
Clone of Capitalism
Profile photo Edén Ernesto Gómez Encinas
Insight diagram
Investigations into the relationships responsible for the success and failure of nations. This investigation was prompted after reading numerous references on the subject and perceiving that *Why Nations Fail: The Origins of Power, Prosperity, and Poverty* by Acemoglu and Robinson seem to make a great deal of sense.
@LinkedIn, Twitter, YouTube
Clone of Why Nations Fail
Profile photo Eric Lindsey
Insight diagram
Investigations into the relationships responsible for the success and failure of nations. This investigation was prompted after reading numerous references on the subject and perceiving that *Why Nations Fail: The Origins of Power, Prosperity, and Poverty* by Acemoglu and Robinson seem to make a great deal of sense.

Original model done for The Perspectives Project though recast into Kumu.
Clone of Why Nations Fail
Profile photo Ronald Bialozyt
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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..

Clone of Price control mechanism
Profile photo Harry Crissy
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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....
Clone of MMT Fiscal position
Profile photo emilio piccoli
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Goodwin business cycle model, modified from Keen and Blatt

Clone of Goodwin Business Cycle
Profile photo uofk
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An initial study of the economics of single use coffee pods.
Clara's Coffee Pods ISD Humanities
Profile photo Clara Capellas Orozco
Insight diagram
In this Insight I focus on the demand site of the Market and Price model, leaving the supply side out.
Demand factors
Profile photo Henny van Dongen
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NATIONAL DEBT MODEL
Profile photo David Percy
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