Search Results - subject:"System dynamics"

Equilibrium, instability, growth and feedback in economics

Joffe, Michael - In: Feedback economics : economic modeling with system dynamics, (pp. 43-68). 2021

Many important regularities observed in the economy are feedback processes, including stability, fluctuations, crises, lock-in/network effects and growth. Each type has its endogenous causal structure, driven by its specific incentive structure and agents' behavioural responses. The price...

Persistent link: https://www.econbiz.de/10012604469

A system dynamics translation of the phillips machine

Ryder, William H.; Cavana, Robert Y. - In: Feedback economics : economic modeling with system dynamics, (pp. 97-134). 2021

machine, includes a mapping of the physical components of the machine to system dynamics notation and provides equations for a … system dynamics simulator of the Phillips machine. Several simulation experiments with the simulator are presented, drawn … of the Phillips machine in the development of the system dynamics discipline and some future research opportunities. …

Persistent link: https://www.econbiz.de/10012604478

Economic origins of the sicilian mafia : a simulation feedback model

Pavlov, Oleg V.; Sardell, Jason M. - In: Feedback economics : economic modeling with system dynamics, (pp. 137-161). 2021

Organized crime satisfies the demand for protection and enforcement of property rights in the absence of effective government institutions. However, weak law enforcement alone cannot explain the cross-regional differences in mafia activity. This chapter develops a feedback model of economic...

Persistent link: https://www.econbiz.de/10012604479

Comparison of system dynamics calibration and econometric estimation

Arthur, Daniel J. W. - In: Feedback economics : economic modeling with system dynamics, (pp. 163-189). 2021

System dynamics and econometrics have traditionally been seen as contrasting and sometimes conflicting approaches for … deriving parameters for economic models. System dynamics as a simulation method uses repeated runs to achieve calibration … system dynamics calibration with econometric estimation is undertaken applied to technology adoption data. Values of the same …

Persistent link: https://www.econbiz.de/10012604484

System dynamics modeling of ecological-economic systems

Uehara, Takuro; Nagase, Yoko; Wakeland, Wayne - In: Feedback economics : economic modeling with system dynamics, (pp. 285-310). 2021

a systems scientist to demonstrate the contributions of system dynamics (SD) to the advancement of dynamic modeling in …

Persistent link: https://www.econbiz.de/10012604494

Use of system dynamics for macro-financial scenario assessment : debt and currency crises in Russia

Boyarskaya, Tatiana - In: Feedback economics : economic modeling with system dynamics, (pp. 377-399). 2021

In this contribution, we aim at describing the problem of debt and currency crisis by means of system dynamics modeling …. We use the historical evidence from the Russian default in 1998 as an example. First, we apply the system dynamics …

Persistent link: https://www.econbiz.de/10012604502

A system dynamics scenario model of the New Zealand economy : review and reflections after 25 years

Cavana, Robert Y. - In: Feedback economics : economic modeling with system dynamics, (pp. 545-581). 2021

Council (now disbanded) in the mid 1980s. A system dynamics macroeconomic model (SDMACRO) was developed using the DYNAMO …

Persistent link: https://www.econbiz.de/10012604516

Model and algorithm of coordinated flow controlling with station-based constraints in a metro system

Zhang, Ping; Sun, Huijun; Qu, Yunchao; Yin, Haodong; … - In: Transportation research / E : an international journal 148 (2021), pp. 1-23

Persistent link: https://www.econbiz.de/10012513490

Inequity aversion in dynamically complex supply chains

Đula, Ivan; Größler, Andreas - In: European journal of operational research : EJOR 291 (2021) 1, pp. 309-322

Persistent link: https://www.econbiz.de/10012495309

Modelling demographic changes using simulation : supportive analyses for socioeconomic studies

Mielczarek, Bożena; Zabawa, Jacek - In: Socio-economic planning sciences : the international … 74 (2021), pp. 1-13

Persistent link: https://www.econbiz.de/10012502353