# Thoughts on modelling Initial plan is to handle just two operators. ## Environment ### Transition function #### Debris - Currently using a decay formulation for debris. - Probably better to use a mass conversion from satellite -> debris - This would have to be a stochastic approach to handle satellite destruction. - I envision it would be better because it would represent how much debris is created better and would easigly lend itself to a size based debris approach. - It doesn't represent slow degradation well though. It does handle destructive collisions better. - Maybe I can ignore satellite on satellite collisions in an initial model because it is the lowest. #### Satellite Stocks - Probably just fine as is. ### Market - Current plan is to use a cournot market approach with inverse demand: \[ P = a-bQ \] - Need to look up dynamic cournot market lit. ## Operator's Problem - Restrict policy to integers (e.g. 1:10) - Use a symmetric policy and value function for each operator. ### Operator State - Initally I am going to track one type of debris, the operator's fleet size, and the number of satellites in all other fleets. ## Social Planner's Problem I see two different classes of problems that the Social Planner could face, and both could take various forms. Here are the two areas and some variations: 1. Maximizing long term expected utility/value a. Maximize expected value b. Preserve value x% of the time 2. Preserving the resource (manage debris levels) a. Keep debris below a threshold. b. Keep debris from growing faster than Y rate. c. Keep kessler syndrome from occuring in Z% over ZZ periods. The first case "should" subsume the second in that minimal debris over a long period should permit more earnings. But, if the time-discounting factor is low enough, this might not be the case. And this brings up a big issue in that the discount factor of the Social Planner and the Operators might differ a lot. The question it poses is "Should we use this resource as we best see fit or preserve it for our descendants?" ## modelling state I need to track all constellation sizes and debris size.