Abstract
Abstract The high mobility of mining investment is frequently cited in the literature. Consequently, the concept of relative attractiveness is particularly important. This paper describes a detailed computer simulation ‘feedback’ model. The model provides a means of examining the effects of varied environmental, fiscal and corporate policies on the flow of investment funds and mineral resources between a number of simulated mining firms and competing countries. Through a quantitative analysis of existing data, the model exposes, within the context of sustainable development, the underlying assumptions used as a basis for corporate decisions. Through the compression of time, the model provides a means of taking these assumptions to their logical conclusions. Exposing assumptions in this way leaves less room for misinterpretation and provides a solid basis for enhancing the understanding of system structure. It is by better understanding system structure that more effective sustainable development policies may be designed and implemented. An outline of the system dynamics method is also presented.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
