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Economics SIG: Garry Piepenbrock presents “Toward a Theory of the Evolution of the Global Political Economy: Competition between Liberal and Coordinated Market Economies”

In this Collective Learning Meeting (CLM), WPI System Dynamics and the System Dynamics Economics SIG host Garry Piepenbrock (postmaster@ii-sl.org) who will present:

Toward a Theory of the Evolution of the Global Political Economy:

Competition between Liberal and Coordinated Market Economies

Short Description: This presentation explores how wealth is created and distributed within and between nations. System Dynamics is used to numerically simulate the nonlinear dynamic behaviour of constrained competition between Liberal Market Economies (LMEs) and Coordinated Market Economies (CMEs) as a multi-predator-prey system which generates overshoot, limit cycles and chaos.

Critiques and feedback on the internal structural validity (i.e. the logic of the causal relations) of the model would be appreciated.

Biography: Garry is a 17-year-old high school student on scholarship to Eton College in the UK, where he has won 13 awards in essay competitions in Economics, Politics, Philosophy and History, including a John Maynard Keynes Prize (where Keynes was a student). He founded the John Maynard Smith Society for Innovation in Interdisciplinary Inquiry and is a Secretary of the Entrepreneurship Society. He is on the Committees of the Economics and Politics Societies and he is an editor of the Economics and Politics journal, Etonomics (https://etonomics.com/author/garrypiepenbrock/). He is a member of the System Dynamics Society, a member of the Young Scholars Initiative of the Institute for New Economic Thinking, and a Fellow of the International Institute for Strategic Leadership (https://twitter.com/IISLorg) where he is passionate about bringing STEM to the social sciences through his modelling and research on ‘The Evolution of Economic Ecosystems’ and its dissemination via short educational films (https://www.youtube.com/watch?v=myivtuppGI0).

We will not record this presentation.

Call-in details: http://bit.ly/CLM-2021-04-09

Economics SIG: Khalid Saeed presents “Connecting Feedback Map with Computable Model”

Join us Friday, March 12th 3:00 PM – 4:00 PM ET (Boston time. Here is a time converter). In this Collective Learning Meeting (CLM), WPI System Dynamics and the System Dynamics Economics SIG host Prof. Khalid Saeed (saeed@wpi.edu) who will present:

Connecting Feedback Map with Computable Model

Short Description: This presentation addresses the disconnect between feedback structure of a system and its computable stock/flow model, which has lead to a separation between system thinking and system dynamics, also creating rather arbitrary explanations for the behavior of the system modeled. The presentation discusses how the two representations are related and how they should be connected in a formal computer model.

Biography: Khalid Saeed is Professor of Economics and System Dynamics at Worcester Polytechnic Institute. He works on applying system analysis to a variety of domains subsuming economics, public policy, healthcare and management. https://www.wpi.edu/people/faculty/saeed

We will record this presentation and post it to the SD Econ SIG YouTube Channel. We will also livestream the presentation to the Econ SIG YouTube.

Call-in details: http://bit.ly/CLM-2021-03-12

Mahshid Zolfaghari presents “Impact Evaluation of European School Fruit and Vegetable Scheme”

Join us online Friday, March 5th 3:00 PM – 4:00 PM ET (Boston time. Here is a time converter).

In this Collective Learning Meeting (CLM), WPI System Dynamics hosts Mahshid Zolfaghari (mahshidz@uio.no) who will present:

“Impact Evaluation of European School Fruit and Vegetable Scheme”

Short Description: I have developed a causal loop map on “European school fruit and vegetable scheme”, to investigate the low children’s fruit and vegetable consumption, and how this policy has influenced it.

Questions for the Audience: I would like to ask audience, if they can guide me through quantification of my causal loop map, share some of the challenges that I had in quantification way. I also like to ask if the problem that I am studying suits the system dynamics method at all.

Biography: https://www.med.uio.no/imb/english/people/aca/mahshidz/

Call-in info: http://bit.ly/CLM-2021-03-05

We will not record this presentation.