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Fires burning in Tasmania - system collapse?

Postby Roberta Spencer » Tue Feb 02, 2016 12:46 pm

"This is bigger than us. This is what climate change looks like, this is what scientists have been telling people, this is system collapse," fire ecologist David Bowman, was quoted in the article Tasmania fires: First images of World Heritage Area devastation emerge, show signs of 'system collapse' on abc.net.au. The first images to emerge from within Tasmania's fire-affected World Heritage Area (WHA) have illustrated the level of destruction caused by bushfire, as experts warn such incidents are signs of a changing climate. 11,000 hectares of WHA are incinerated by the Tasmania bushfires. Wildlife, including wallabies and wombats, are also affected and experts say parts of the Central Plateau will not recover.
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Public Radio International interviewed member John Sterman

Postby Roberta Spencer » Fri Jan 29, 2016 2:34 pm

Public Radio International invited member John Sterman to consider whether big oil companies are really on board for addressing climate change. Listen to the discussion about “Can a Norwegian company with 'oil' in its name transform into a wind company?” that aired on the PRI segment “Business, Finance & Economics.” Also on the heels of the December climate summit in Paris, John speaks in praise of electric cars in the PRI news story “What auto companies might look like in a world with less gas . . . and fewer cars.”
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Re: In the News

Postby Leonard Malczynski » Fri Jan 22, 2016 9:56 am

Georg and Wolfram,
Great work!

I recall at least two other attempts both from the 2007 Boston conference:
'Appendix H' - instigated by Drew Jones, now at Climate Interactive and 'Causal Loop Babe' from the 2009 Albuquerque conference team.

Inspired to do more than model!

Sing on,
Len
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2016: New System Dynamics Song

Postby Roberta Spencer » Thu Jan 21, 2016 5:55 pm

2016: New System Dynamics Song

“System Dynamics Song: Close The Loop” was originally written and performed in 1976 at Geilo, Norway Conference by a group of attendees who protected their anonymity under the name of the Transient International Consortium at Geilo (TICAG). The song had an encore performance at the 2000 Bergen Conference.

This year, there is a new song: “Looking for Feedback Loops.” Below are the artists’ stories and photos.

Wolfram Reinhard, born on the 6th of June 1990 as Wolfram Pallaske, is a student at the Leibniz University Hannover and is focusing on regional development in his Bachelor’s thesis. In 2009, he graduated high school with music as one of the main courses, but he started learning to play several instruments when he was six. After his brother Georg wouldn’t stop bugging him, he recorded and cut the song “Looking for feedback loops”, of which Georg wrote the text himself. Wolfram Reinhard has already finished several music related projects, which he was realizing outside of the curricula of his temporary education, alongside which he produced one CD. The strong positive feedback on the song “Looking for feedback loops” surprised the artist.

Georg Pallaske, born on the 4th of October 1987, is a current student in the European Masters Programme in System Dynamics (EMSD). After his Bachelor’s degree in Business Administrations, he entered the EMSD because of the potential the he saw in the application of the method with expert-groups (group-model building). After one and a half years of studying SD, and a lot of conversations with peers and experts, he decided to write a song about SD which compiles the things that are still at odds within the field, and put them into a nice message that comes across easily. And thanks to his little brother the song is available in a version that people might even enjoy listening to. Georg Pallaske is currently in the last semester, and will soon start writing his masters’ thesis.

Thanks to Wolfram and Georg!
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Winter Meeting slated for February 23 in Cambridge, MA

Postby Roberta Spencer » Wed Jan 20, 2016 12:13 pm

The Policy Council of the System Dynamics Society will meet for the Winter Meeting on February 23 at 11:00 AM. President Etiënne A.J.A. Rouwette will preside over the meeting. The meeting will be held at the Hyatt Regency Cambridge. As stated in the Bylaws, the Policy Council shall meet as a separate body, electronically or in person, at least twice each year, once on the day before or after or during the annual international meeting and once during the first fiscal quarter of the year. Protocol for the meetings is available online. All past Policy Council Meeting minutes are archived on the Society website, and can be found using “Governance” menu item. Please see the e-brochure “Meet the Officers and Members of the Policy Council.” Advance reservations are required for attendees; please contact the Society office.
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System Dynamics Career Link

Postby Roberta Spencer » Mon Jan 18, 2016 3:28 pm

The SD Career Link is the gateway for connecting you with companies worldwide that use System Dynamics. The site is divided into two sections. First, employers are able to provide general descriptive information about how System Dynamics fits into the organization, typical jobs, career paths, and other aspects of employment within the company. This section allows employers to define specific System Dynamics information and opportunities within their firms and to supplement the more general information contained on their corporate or academic websites. The other section highlights a list of current job openings. Find the Career Link on the Society’s website to review the list of companies.

Is your firm is seeking candidates, specifically with System Dynamics backgrounds? Would you like to add your Company or University profile? Please use this free, exclusive networking and recruiting site. The SD Career Link provides a valuable exchange of information about positions and people in the field of System Dynamics.
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WPI to Host Upcoming SD Colloquium

Postby Roberta Spencer » Sat Jan 16, 2016 7:57 pm

The System Dynamics Colloquium will be meeting at WPI this spring! Cast your vote and help decide the scheduling details of this event by filling out an online survey at the WPI System Dynamics Club website. Initiated in 2000, this colloquium is a gathering of graduate students from UAlbany SUNY, MIT, and WPI and takes place bi-annually in the spring and fall semesters at one of these three campuses. This one-day event offers non-evaluative peer review and allows students to present System Dynamics related research to faculty, other students, and practitioners for feedback and informational exchange. This event is organized by the students.
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System Dynamics Application Used in Investment Research

Postby Roberta Spencer » Tue Jan 12, 2016 4:47 pm

System Dynamics Application Used in Investment Research Methods

The FA Online edition of Financial Advisor, on January 12, posted the article “Cucchiaro Launches RIA, Hedge Fund.” Stephen J. Cucchiaro has formed 3EDGE Asset Management, a Boston-based Registered Investment Advisor (RIA) where he will serve as president, CIO and chairman of the investment committee. Parts of the article follow: Cucchiaro, who uses a scientific methodology in his investment strategy, began managing investment portfolios in 1994 and was founder, president and CIO of Windward Investment Management. … Cucchiaro uses proprietary investment research methods, including applications of engineering, System Dynamics and complexity economics concepts to analyze the relationships that drive markets. “Our approach seeks to identify asset classes and geographies that may be undervalued as a result of the macro-inefficiencies inherent in the global markets,” Cucchiaro said. “We are looking to capture the potential for material long-term price appreciation of these undervalued asset classes and geographies over different time frames.”

The firm will apply a multiplayer game theory framework to better understand how policies by actors like central banks might influence the direction of capital markets. “We may be at a critical juncture in the global markets,” Cucchiaro said. “The massive central bank intervention since 2008 has, in many instances, elevated asset prices. In the years ahead, attractive investment returns, particularly on a risk-adjusted basis, could be difficult to achieve as markets may be susceptible to diminishing returns from monetary stimulus. In such an environment, more passive buy and hold strategies could prove to be disappointing, while short-term trading strategies could also be counter-productive since investors may be whipsawed by market volatility.” …

Mr. Cucchiaro gave a plenary presentation at the 2013 Cambridge Conference titled “A System Dynamics Approach to Modeling the Global Capital Markets.”
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Update: XMILE Approved

Postby Roberta Spencer » Tue Jan 05, 2016 2:53 am

The XMILE 1.0 was voted and approved as the international technical standard by OASIS on December 14th, a significant achievement. This is the first standard implementation of System Dynamics vocabulary since it was first imagined by Jay Forrester in the 1950s.
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What Must We Now Do To Turn Promises Into Policies

Postby Roberta Spencer » Wed Dec 16, 2015 10:31 am

WGBH NEWS, Boston, with reporter Jim Braude, aired the interview “Will the COP21 Climate Deal Save the World?” Braude interviewed MIT Sloan School of Management Professor John Sterman and UMass McCormack School of Policy and Global Studies Dean David Cash, both just back from Paris, asking, "Is the COP 21 climate deal one which will help save the world? Or is it just a lot of hot air?” Sterman and Cash debated the topic after a recap that included a clip of President Obama, who stated “… We succeeded. We came together around the strong agreement the world needed …” Is that right? Watch and see. Sterman argues that debating whether the agreement is deliverance from climate catastrophe or a dud isn’t the right question. Rather, what must we now do to turn the promises of Paris into policies that cut greenhouse gas emissions? In related news the Energy and Environment section of the Washington Post published the article by Chris Mooney, “The world just adopted a tough new climate goal. Here’s how hard it will be to meet?” This article references a “telling figure provided by Climate Interactive, showing how current pledges by countries (“INDCs”) take the world off the worst-case path for warming, but also how far they are from the “safe” path of less than 2 degrees C.” And, The Blog at the HUFFPOST GREEN posted the article “The Paris Climate Agreement: Deliverance or Disappointment?” by John Sterman.
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