Price Models

These models and simulations have been tagged “Price”.

Dynamic representation of the price mechanism with demand and supply function and a delay. This model has interactive elements. More information is to be found here: https://docs.google.com/document/d/1wNrZLMKHOacG14Gmc6u7hruUJbIhAidnm6QTakd3yHw/edit?usp=sharing  And in the prequel to this diagram: 
Dynamic representation of the price mechanism with demand and supply function and a delay. This model has interactive elements.
More information is to be found here: https://docs.google.com/document/d/1wNrZLMKHOacG14Gmc6u7hruUJbIhAidnm6QTakd3yHw/edit?usp=sharing
And in the prequel to this diagram: https://insightmaker.com/insight/6hPaqcl0YETrQcWKYkXeu2 which is not interactive but does more explaining.
6 7 months ago
In this diagram I am analysing how demand for one product will react to the price level of goods that are complementary. In this particular diagram I am analysing what the impact of the price level of a part that needs replacement / repair is. Assumption is that the coffee machine cannot operate wit
In this diagram I am analysing how demand for one product will react to the price level of goods that are complementary. In this particular diagram I am analysing what the impact of the price level of a part that needs replacement / repair is. Assumption is that the coffee machine cannot operate without the repair.

I have written an accompanying artcile, which you can find here: https://docs.google.com/document/d/1YjKocGVqlRgGNHeLojCfPaldeodr6kr67kke5MyvljQ/edit?usp=sharing
Most basic representation of the price mechanism. An explanation of this diagram can be found here: https://docs.google.com/document/d/1Ddl5criQ4iXKMcTJmu9Z1w7JhKa5_Y3Kk0O8Pm7Zjg0/edit?usp=sharing   There is also a next episode that can be found here: https://insightmaker.com/insight/6hPaqcl0YETrQcW
Most basic representation of the price mechanism.
An explanation of this diagram can be found here: https://docs.google.com/document/d/1Ddl5criQ4iXKMcTJmu9Z1w7JhKa5_Y3Kk0O8Pm7Zjg0/edit?usp=sharing 
There is also a next episode that can be found here: https://insightmaker.com/insight/6hPaqcl0YETrQcWKYkXeu2, which is a dynamic version of this diagram.
8 5 months ago
This diagram is intended as an illustration for a text in the Regenerative Economics textbook. I didn't build it to simulate it.
This diagram is intended as an illustration for a text in the Regenerative Economics textbook. I didn't build it to simulate it.