Thursday, August 25, 2022

Lecture A3 (2022-08-25): Chapter 1, The Appeal and Power of Strategic Modeling (Morecroft, 2015)

In this lecture, we discuss topics from Chapter 1 of Morecroft (2010) surrounding strategic modeling for analysis of various different scenarios that can emerge from a single system dynamics model. After some philosophical discussion of the continuous modeling spectrum from metaphorical to analog, we transition to more concrete examples with a simple harvested fisheries model. This gives us the opportunity to use the SDM to show how important functional response is and to use the example to motivate approaches for regulating a sustainable fishery.



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