Minsky is described as 'enables the simulation of models (particularly from economics) defined in terms of coupled ordinary differential equations. The models are defined using a drawing canvas (rather like VisSim), and a double entry bookkeeping system known as a Godley table'. There are six alternatives to Minsky for Windows, Linux, Mac and Online / Web-based. The best alternative is Xcos, which is both free and Open Source. Other great apps like Minsky are Simulink (Paid), Caedium (Freemium), Insight Maker (Free, Open Source) and EMSO simulator (Free, Open Source).
Explore powerful simulation algorithms for System Dynamics and Agent Based Modeling in a truly cohesive environment. Use System Dynamics to gain insights into your system. Use Agent Based Modeling to granularly break apart the details.
EMSO simulator is an equation-oriented process simulator with a graphical interface for modeling complex dynamic or steady-state processes. It is CAPE-OPEN compliant. EMSO stands for Environment for Modeling, Simulation, and Optimization.
The General Algebraic Modeling System (GAMS) is a high-level modeling system for mathematical optimization. GAMS is designed for modeling and solving linear, nonlinear, and mixed-integer optimization problems.