The PCT Economics Model - Getting started

[Shannon Williams (2011.08.01.1530 CST)]

Hi Guys,

I would like to make a task list for the implementation of an Application that models the economy. For myself, I hope to implement it in Objective C and run it on Macs and ipads. Simpler versions can be run on the IPhone. I hope to distribute the original application for free, and then have configurations that can be sold for modest (less than $1) price. Some configurations might be ‘USA Economy 2000’ or ‘World Economy 2010’ or ‘New York Economy 1929’ that loads the App with initial conditions from the respective years. Below is the focus point for the app. Any comments or suggestions?

Thanks,

Shannon

What is this project

This is a project to generate a working model of the economy

Elevator Pitch

FOR Economists, politicians and laypeople

WHO have opinions on how political actions impact the economy.

The PCT Economics Model

IS A software application

THAT simulates the interaction of members of a society

            And allows people to predict how changes in conditions will affect the economy

UNLIKE current economic guesses and models

The PCT Economics Model is not based on a particular economic belief. It is based on an understanding of and simulation of the elements of human decision making.

Motto

If you want to know what will happen, try it and see.

[From Rick Marken (2011.08.01.1545)]

Shannon Williams (2011.08.01.1530 CST)--

Hi Guys,

I would like to make a task list for the implementation of an Application
that models the economy.� For myself, I hope to implement it in Objective C
and run it on Macs and ipads.� Simpler versions can be run on the IPhone.� I
hope to distribute the original application for free, and then have
configurations that can be sold for modest (less than $1) price.� Some
configurations might be 'USA Economy 2000' or 'World Economy 2010' or 'New
York Economy 1929'�that loads the App with initial conditions from the
respective years.� Below is the focus point for the app.� Any comments or
suggestions?

Sounds great! Let me know what I can do. In particular, let me know
what you use for the C programming environment. Where do you get it?
how much is it? That kind of stuff.

We had a super great meeting in Boulder, by the way. You should come
to the next one.

Best

Rick

···

Thanks,
Shannon

What is this project

This is a project to generate a working model of the economy

Elevator Pitch

FOR Economists, politicians and laypeople

WHO have opinions on how political actions impact the economy.

The PCT Economics Model

IS A software application

THAT simulates the interaction of members of a society

��������������� And allows people to predict how changes in conditions will
affect the economy

UNLIKE current economic guesses and models

The PCT Economics Model is not based on a particular economic belief.� It is
based on an understanding of and simulation of the elements of human
decision making.

Motto

If you want to know what will happen, try it and see.

--
Richard S. Marken PhD
rsmarken@gmail.com
www.mindreadings.com

(Gavin Ritz 2011.08.03 10.55NZT)

[Shannon Williams
(2011.08.01.1530 CST)]

I don’t understand what your models
building blocks are. Can you give me some qualitative indication of the algorithm?
How would it look conceptually?

I put forward a PCT model with some
building blocks but got no response from anyone at all.

The number of variables put forward seems a
bit overwhelming.

As far as I understand finance and economy,
the basis is between debtors and creditors, lenders and borrowers, buyers and
sellers. So why not start with a simple model like this.

The nature of finance and economy has been
around since the time of the Babylonians. They used clay tablets for money.

How can the model show the fundamental concept
of money which is “mutual trust” and “mutual obligation”
in a simple scenario?

Regards

Gavin

Hi Guys,

I would like to make a
task list for the implementation of an Application that models the
economy. For myself, I hope to implement it in Objective C and run it on
Macs and ipads. Simpler versions can be run on the IPhone. I hope
to distribute the original application for free, and then have configurations
that can be sold for modest (less than $1) price. Some configurations
might be ‘USA Economy 2000’ or ‘World Economy 2010’ or ‘New York
Economy 1929’ that loads the App with initial conditions from the respective
years. Below is the focus point for the app. Any comments or
suggestions?

Thanks,

Shannon

What is this project

This is a project to generate a working model of the economy

Elevator Pitch

FOR Economists, politicians and laypeople

WHO have opinions on how political actions impact the
economy.

The PCT Economics Model

IS A software application

THAT simulates the interaction of members of a society

        And

allows people to predict how changes in conditions will affect the economy

UNLIKE current economic guesses and models

The PCT Economics Model is not based on a particular
economic belief. It is based on an understanding of and simulation of the
elements of human decision making.

Motto

If you want to know what will happen, try it and see.

···