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Orbits/Notes_on_Model.txt

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# 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.
# Thoughts on Interpretation etc,
One option would be to take derivatives over the value function to get
Benefit functions. Look at when it is positive etc.
Another thing to do would be to construct debris tracks.
Another would be to search for steady states.
I could compare different versions of the social planner's problem to see
how they differ, i.e. in debris dynamics etc.