Dear APM115 friends, So, the first projects were very nicely done, and we'll give you some feedback next class. Here is a list of possible subjects for your second project. These projects are less straightforward than the first projects, and we suggest you start right away rather than wait for the last minute. Because the projects require additional explanation and discussion, you will also need to come and consult with either Eli or Drew depending on which project you choose *before* Tuesday March 13 and *after* you spent some time thinking about this. Office hours for this purpose will be announced shortly. Each group of three of you needs to choose your first, second and third choices for a project from this list. Please email these **three** selections to both TFs by Thursday March 8: Kurt House ; Michael Weidman ; and **get their confirmation on what your project is before you start working on the project**. The number of groups working on each of the choices below will be limited, so you may only get your second choice (allocation will be on a first come first serve basis). The list follows, 1) (Eli) Global warming: build an energy balance model representing the greenhouse effect and predict the effect of various scenarios of increased atmospheric CO2. Model should be composed of two atmospheric layers and one ground level temperature (that is, three different model temperatures). No ice is needed in this case. Background: a given layer of the atmosphere does not absorb any of the solar radiation passing through it. It does absorb a fraction epsilon (called absorptivity or emissivity) of the long wave radiation passing through it. It will also emit epsilon*sigma*T^4 radiation up and the same quantity down. epsilon (0 | | | | | | -------------------- 2km | | | | | | <-|- v | | | | -------------------- 4km Equator 45N 90N variation (b): couple two Stommel models to each other to represent the interaction between the Atlantic and Pacific. Note that total evaporation needs to be equal total rain, but this doesn't need to hold in each ocean basin separately. 4) (Eli) add temperature equations to the two box Stommel model and analyze the resulting system. Calculate the temperature by including energy balance (incoming solar radiation, outgoing long wave black body radiation) plus transport between boxes in the temperature equation. Allow the flow in the model to be a function of both water density difference and of the wind, which in turn is a function of the temperatures (e.g. the larger the temperature difference the stronger the wind). 5) (Drew) Develop and analyze a dynamic model of an open-access fishery. To do this, assume that fisherman are myopic and react only to current profit. For example, you might suppose that fishing effort E simply equals the stock of fishing boats, and specify how the stock of boats adjusts. Or you could let the hours that each boat is used vary as well. Characterize the steady states of the system and their stability. If you have time, develop a model where fishermen react to some function of recent prices, and not just the current one, or to forecasts of future prices. What would it mean for the fisherman to have correct expectations here? 6) (Drew) Develop and solve a model of optimal harvesting when there is a second, species that is not fished but which interacts with the stock of the commercially harvested fish- this could either be a predator species or a species that competes for nutrients with the commercial fish. How does this change the solution we derived in class? 7) (Drew) Develop and solve a model of the optimal extraction of an exhaustible resource when there is a backstop technology that is available at constant cost B and is a perfect substitute for the exhaustible resource. Then develop a model where the availability of the backstop is endogenous. What might this depend on and how? 8) We are open to other related suggestions. (Eventually you will need to come up with your own idea for a project for the third and final projects.) Any of these subjects should be fun to work on, we hope you'll enjoy this and are happy to help you along the way. The final product of your project is a 10 minutes presentation which will be given on March 20. We will split the class on that day, such that half the presentations will be given during regular class hours and half during the Tuesday workshop time. You only need to come to the half during which you will be presenting, but are expected to sit through all presentations during that half (and participate with questions to the presenters!). You will need to email your Matlab code used for the project and the presentation in pdf format to the TFs. best, Drew, Eli, Kurt, Michael.