Appl. Phys. Lett. 103, 102603 (2013)
We describe a circuit model for a flux-driven Superconducting QUantum Interference Device (SQUID). This is useful for developing insight into how these devices perform as active elements in parametric amplifiers. The key concept is that frequency mixing in a flux-pumped SQUID allows for the appearance of an effective negative resistance. In the three-wave, degenerate case treated here, a negative resistance appears only over a certain range of allowed input signal phase. This model readily lends itself to testable predictions of more complicated circuits.