.BusinessSimulation.CausalLoop.Elasticity

Information

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In a dynamic relation, a given elasticity coefficient (coefficient) implies that the fractional rate of change for an influenced stock B is proportional to the fractional rate of change for the influencing stock A, which is connected via the stockInfoInput. The factor of proportionality in this case is called the A-elasticity of B. The rate of change for the stock B that is connected to the flowPort accordingly is given by the following equation, which uses Newton's dot notation for rates:

Ḃ = ...

Implementation

DiagramView
ModelDiagram.png

Notes

See also

ElasticityDelayed, Proportionality, ProportionalityDelayed

Revisions


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