The treasury analogy is widely used in most countries in the execution of fiscal policies striving to match taxation with public expenditure while, at the same time, the central banks tinker with interest rates and reserve requirements and conduct open market operations for regulating money...

This paper evaluates strategies to combat terrorism under the premise that violent radicalization operates as a social contagion. We tested antiterrorism, counterterrorism, and counter radicalization strategies in isolation and combination. All policies were tested in a simulation model built to...

This is a lightly edited transcript of the first half of the Fireside chat with Professor Jay Wright Forrester (JWF) held on July 24, 2013 at the 31st system dynamics conference in Cambridge, MA. Professor Forrester was 95 at the time of the interview. He passed away in 2016, just short of his...

Background. Research shows that learning and task performance improve when participants in management exercises understand the structure of the system they control. However, the majority of business simulators are “black-boxes.”Aim. This article introduces structural debriefing, which is a...

Organized crime satisfies a demand for necessary social services in the absence of effective government institutions. This paper examines the rise of the Sicilian mafia. Using system dynamics, we model this system and test various policies to determine what factors have the greatest impact on...

This paper utilizes the dynastic cycle framework proposed in (K. Saeed & Pavlov, 2008) to explain the role of dissent in universities. By combining the dissent expression framework (Kassing, 2011) and the dynastic cycle structure, we construct a generic model for dissent in organizations. The...

Although central banks strive in most countries to regulate financial markets through monetary instruments while treasury departments formulate fiscal policies to attempt to match taxation with public expenditure, the economies of these countries continue to generate uncontrollable budget...

It is widely known that in a fiat currency system, governments can create money tokens to meet public expenditure, then take some of them back through taxation or bond issue to adjust the money supply to a desired level. Yet the treasury departments in most countries strive to formulate fiscal...

This paper revisits the problem of economic development questioning the implicit premise that developing economies are nascent systems on their way to maturity. It is proposed that the developing countries should instead be viewed as mature systems in a low-welfare homeostasis reached under...

The goal of this study was to investigate whether natural resource dependence affects per capita growth through the financial system. A well-developed financial system provides better access to credit which is essential to economic growth. Therefore, if natural resource dependence hinders...