Clone of Simple Thermostat Example
Note: temperature units don't work. The simulation uses dollars to show how the relationships between units. Removing units (making every variable unitless) is also an option.
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I propose we grow this sim model (or similar) over time to help ourselves better understand the opposing investment and austerity strategies now being advocated for the U.S. government. The hope is to build as simple a model as possible that subsumes the major underlying feedback loops that probably exist in the mental models of proponents of each of these positions. Starting this model was inspired by this Investment vs. Austerity discussion http://www.linkedin.com/groups/Investment-vs-Austerity-How-can-4582801.S.157876413
Population Growth in an Agrarian Society.
Use a savings account model to investigate the manner in which inflows and outflows govern the quantity of a stock. Extend the structure to create and investigate the relathionships of a growth producing reinforcing loop.
Explore a more operational way to model the shutting down of the faucet. I think there are some problems in the way this model is developed and explained in the "Units" video.