ERDYM: Economic Recovery Dynamics Model. Volume 1. Modifications and Simulations.
BATTELLE PACIFIC NORTHWEST LAB RICHLAND WA
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The economic recovery of the U.S. economy after a major disaster is the focus of a systems dynamics model described in thi sreport. The work under this contract involved restructuring the investment sector, constructing and embedding a monetary sector into the model, rebasing the model to 1972 data, some simplification of the structure of the model, the development of substantial software that eased the task of running and reporting the results of the model, and a number of other changes. Results are reported for historical simulation of the model and for a variety of simulations under alternative assumptions about destruction resulting from a nuclear attack.
- Economics and Cost Analysis
- Operations Research