An exemplary model has been formulated using a methodology which casts a modified version of input-output analysis into system dynamics format. The intent is to utilize the methodology for further study of the concept of a geeignet (appropriate) population for a society. The exemplary model represents a highly aggregated socio-economic system with six sectors. Evaluation of the quality of the society is an important issue in the geeignet population study, and to that end the technique of multi-attribute utility measurement (MAUM) has been included in the model. In order to study a mechanism that can minimize the marginal production cost during the time evolution of the system, a Cobb-Douglas production function that permits substitution between two factors has been incorporated into the agricultural sector. Model runs are shown which demonstrate the approach to equilibrium for the society and the time evolution of the society as the agricultural sector changes from a labor intensive to a capital intensive configuration.

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Date created

• 1983

Type

• Document

Processing Activity

• Processing documentation available at: https://wiki.albany.edu/display/SCA/Processing+Ingested+Digital+Files

License

• Creative Commons BY-NC-ND Attribution-NonCommercial-NoDerivs 4.0 International

  
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ITEM CONTEXT

Part of

b0aa2a699b54f0d19f6a9d93bdbcfa18

Scope and Contents

Part of

cf82ceba47eedd73f41b00918de16477

Scope and Contents

Part of

23d738ba88f8333bc39725f9cb5bd0b8

Scope and Contents

Collection

System Dynamic Society Records

Scope and Contents

Collecting area

• This collection is part of the University Archives