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System Dynamics
System dynamics (SD) is an approach to understanding the nonlinear behaviour of complex systems over time using stocks, flows, internal feedback loops, table functions and time delays. Overview System dynamics is a methodology and mathematical modeling technique to frame, understand, and discuss complex issues and problems. Originally developed in the 1950s to help corporate managers improve their understanding of industrial processes, SD is currently being used throughout the public and private sector for policy analysis and design. Convenient graphical user interface (GUI) system dynamics software developed into user friendly versions by the 1990s and have been applied to diverse systems. SD models solve the problem of simultaneity (mutual causation) by updating all variables in small time increments with positive and negative feedbacks and time delays structuring the interactions and control. The best known SD model is probably the 1972 ''The Limits to Growth''. This model fo ...
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Adoption SFD ANI S
Adoption is a process whereby a person assumes the parenting of another, usually a child, from that person's biological or legal parent or parents. Legal adoptions permanently transfer all rights and responsibilities, along with filiation, from the biological parents to the adoptive parents. Unlike guardianship or other systems designed for the care of the young, adoption is intended to effect a permanent change in status and as such requires societal recognition, either through legal or religious sanction. Historically, some societies have enacted specific laws governing adoption, while others used less formal means (notably contracts that specified inheritance rights and parental responsibility (access and custody), parental responsibilities without an accompanying transfer of filiation). Modern systems of adoption, arising in the 20th century, tend to be governed by comprehensive statutes and regulations. History Antiquity Adoption for the well-born While the modern form of ...
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Computer Modeling
Computer simulation is the running of a mathematical model on a computer, the model being designed to represent the behaviour of, or the outcome of, a real-world or physical system. The reliability of some mathematical models can be determined by comparing their results to the real-world outcomes they aim to predict. Computer simulations have become a useful tool for the mathematical modeling of many natural systems in physics (computational physics), astrophysics, climatology, chemistry, biology and manufacturing, as well as human systems in economics, psychology, social science, health care and engineering. Simulation of a system is represented as the running of the system's model. It can be used to explore and gain new insights into new technology and to estimate the performance of systems too complex for analytical solutions. Computer simulations are realized by running computer programs that can be either small, running almost instantly on small devices, or large-scale ...
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Simple Stock And Flow Diagram
Simple or SIMPLE may refer to: *Simplicity, the state or quality of being simple Arts and entertainment * ''Simple'' (album), by Andy Yorke, 2008, and its title track * "Simple" (Florida Georgia Line song), 2018 * "Simple", a song by Johnny Mathis from the 1984 album ''A Special Part of Me'' * "Simple", a song by Collective Soul from the 1995 album ''Collective Soul'' * "Simple", a song by Katy Perry from the 2005 soundtrack to ''The Sisterhood of the Traveling Pants'' * "Simple", a song by Khalil from the 2017 album ''Prove It All'' * "Simple", a song by Kreesha Turner from the 2008 album '' Passion'' * "Simple", a song by Ty Dolla Sign from the 2017 album ''Beach House 3'' deluxe version * ''Simple'' (video game series), budget-priced console games Businesses and organisations * Simple (bank), an American direct bank * SIMPLE Group, a consulting conglomeration based in Gibraltar * Simple Shoes, an American footwear brand * Simple Skincare, a British brand of soa ...
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Stock And Flow
Economics, business, accounting, and related fields often distinguish between quantities that are stocks and those that are flows. These differ in their units of measurement. A ''stock'' is measured at one specific time, and represents a quantity existing at that point in time (say, December 31, 2004), which may have capital accumulation, accumulated in the past. A ''flow'' variable is measured over an interval of time. Therefore, a flow would be measured ''per unit of time'' (say a year). Flow is roughly analogous to Rate (mathematics), rate or speed in this sense. For example, U.S. nominal gross domestic product refers to a total number of dollars spent over a time period, such as a year. Therefore, it is a flow variable, and has units of dollars/year. In contrast, the U.S. nominal Capital (economics), capital stock is the total value, in dollars, of equipment, buildings, and other real productive assets in the U.S. economy, and has units of dollars. The diagram provides an intui ...
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Adoption CLD
Adoption is a process whereby a person assumes the parenting of another, usually a child, from that person's biological or legal parent or parents. Legal adoptions permanently transfer all rights and responsibilities, along with filiation, from the biological parents to the adoptive parents. Unlike guardianship or other systems designed for the care of the young, adoption is intended to effect a permanent change in status and as such requires societal recognition, either through legal or religious sanction. Historically, some societies have enacted specific laws governing adoption, while others used less formal means (notably contracts that specified inheritance rights and parental responsibilities without an accompanying transfer of filiation). Modern systems of adoption, arising in the 20th century, tend to be governed by comprehensive statutes and regulations. History Antiquity Adoption for the well-born While the modern form of adoption emerged in the United States, form ...
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Causal Loop Diagram
A causal loop diagram (CLD) is a causal diagram that visualizes how different variables in a system are causally interrelated. The diagram consists of a set of words and arrows. Causal loop diagrams are accompanied by a narrative which describes the causally closed situation the CLD describes. Closed loops, or causal feedback loops, in the diagram are very important features of CLDs because they may help identify non-obvious vicious circles and virtuous circles. The words with arrows coming in and out represent variables, or quantities whose value changes over time and the links represent a causal relationship between the two variables (i.e., they do not represent a material flow). A link marked indicates a positive relation where an increase in the causal variable leads, all else equal, to an increase in the effect variable, or a decrease in the causal variable leads, all else equal, to a decrease in the effect variable. A link marked indicates a negative relation where an i ...
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World Dynamics
Jay Wright Forrester (July 14, 1918 – November 16, 2016) was an American computer engineer, management theorist and systems scientist. He spent his entire career at Massachusetts Institute of Technology, entering as a graduate student in 1939, and eventually retiring in 1989. During World War II Forrester worked on servomechanisms as a research assistant to Gordon S. Brown. After the war he headed MIT's Whirlwind digital computer project. There he is credited as a co-inventor of magnetic core memory, the predominant form of random-access computer memory during the most explosive years of digital computer development (between 1955 and 1975). It was part of a family of related technologies which bridged the gap between vacuum tubes and semiconductors by exploiting the magnetic properties of materials to perform switching and amplification. His team is also believed to have created the first animation in the history of computer graphics, a "jumping ball" on an oscilloscope. L ...
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Carrying Capacity
The carrying capacity of an ecosystem is the maximum population size of a biological species that can be sustained by that specific environment, given the food, habitat, water, and other resources available. The carrying capacity is defined as the environment's maximal load, which in population ecology corresponds to the population equilibrium, when the number of deaths in a population equals the number of births (as well as immigration and emigration). Carrying capacity of the environment implies that the resources extraction is not above the rate of regeneration of the resources and the wastes generated are within the assimilating capacity of the environment. The effect of carrying capacity on population dynamics is modelled with a logistic function. Carrying capacity is applied to the maximum population an environment can support in ecology, agriculture and fisheries. The term carrying capacity had been applied to a few different processes in the past before finally being appl ...
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Club Of Rome
The Club of Rome is a nonprofit, informal organization of intellectuals and business leaders whose goal is a critical discussion of pressing list of global issues, global issues. The Club of Rome was founded in 1968 at Accademia dei Lincei in Rome, Italy. It consists of one hundred full members selected from current and former heads of state and government, UN administrators, high-level politicians and government officials, diplomats, scientists, economists, and business leaders from around the globe. It stimulated considerable public attention in 1972 with the first report to the Club of Rome, ''The Limits to Growth''. Since 1 July 2008, the organization has been based in Winterthur, Switzerland. History Origins In 1965, the Italian industrialist Aurelio Peccei gave a speech about the dramatic scientific and technological changes happening in the world. The speech was noticed by Alexander King (scientist), Alexander King, a British scientist who had advised the British gov ...
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Non-equilibrium Economics
Non-equilibrium economics or out-of-equilibrium economics is a branch of economic theory that examines the behavior of economic agents and Market (economics), markets in situations where traditional approaches of economic equilibrium do not hold. Overview Economic models in the tradition of Partial equilibrium, partial or general equilibrium theory rely on the notion of economic equilibrium: because of quick price adaptation to an equilibrium price, Supply (economics), supply equals demand and Market clearing, markets clear. Equilibrium theory goes back to Walrasian economics, the contributions by Léon Walras in 1874 and constitutes the core of dynamic stochastic general equilibrium models (DSGE), the current predominant framework of macroeconomic analysis. The goal to study the dynamics that may or may not lead to an equilibrium was already formulated by the developers of general equilibrium models such as Vilfredo Pareto, but despite some efforts, they were unable to describe t ...
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Richard M
Richard is a male given name. It originates, via Old French, from Frankish language, Old Frankish and is a Compound (linguistics), compound of the words descending from Proto-Germanic language, Proto-Germanic ''*rīk-'' 'ruler, leader, king' and ''*hardu-'' 'strong, brave, hardy', and it therefore means 'strong in rule'. Nicknames include "Richie", "Dick (nickname), Dick", "Dickon", "Dickie (name), Dickie", "Rich (given name), Rich", "Rick (given name), Rick", "Rico (name), Rico", "Ricky (given name), Ricky", and more. Richard is a common English (the name was introduced into England by the Normans), German and French male name. It's also used in many more languages, particularly Germanic, such as Norwegian, Danish, Swedish, Icelandic, and Dutch, as well as other languages including Irish, Scottish, Welsh and Finnish. Richard is cognate with variants of the name in other European languages, such as the Swedish "Rickard", the Portuguese and Spanish "Ricardo" and the Italian "Ricc ...
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Urban Dynamics
Jay Wright Forrester (July 14, 1918 – November 16, 2016) was an American computer engineer, management theorist and systems scientist. He spent his entire career at Massachusetts Institute of Technology, entering as a graduate student in 1939, and eventually retiring in 1989. During World War II Forrester worked on servomechanisms as a research assistant to Gordon S. Brown. After the war he headed MIT's Whirlwind digital computer project. There he is credited as a co-inventor of magnetic core memory, the predominant form of random access, random-access computer memory during the most explosive years of digital computer development (between 1955 and 1975). It was part of a family of related technologies which bridged the gap between vacuum tubes and semiconductors by exploiting the magnetic properties of materials to perform switching and amplification. His team is also believed to have created the first animation in the history of computer graphics, a "jumping ball" on an osci ...
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