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System dynamics modeling
Authors:Ke Sahin
Affiliation:University of Massachusetts, USA
Abstract:
The System Dynamics approach to modeling social systems appears to be gaining rapid acceptance as a legitimate tool of management science even as it still evokes controversy. Some of its basic assumptions, strategies and conventions are indicated. Modeling with this methodology is described. Primarily for pedagogical reasons, four approaches to starting a model are identified with some indications as to which of some of the published models might have used them. Finally, the issue of nonlinear relationships is raised. Some of the ways in which this matter can be dealt with are sketched.
Keywords:
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