System Dynamics

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“An ocean traveler has even more vividly the impression that the ocean is made of waves than that it is made of water.”
― Arthur Stanley Eddington
Gifford Lecture at the University of Edinburgh (Mar 1927). In The Nature of the Physical World (1929, reprint 2005), 242.

System dynamics is a perspective and set of conceptual tools that enable us to understand the structure and dynamics of complex systems. System dynamics is also a rigorous modeling method that enables us to build formal computer simulations of complex systems and use them to design more effective policies and organizations. Together, these tools allow us to create management flight simulators-microworlds where space and time can be compressed and slowed so we can experience the long-term side effects of decisions, speed learning, develop our understanding of complex systems, and design structures and strategies for greater success.[2]

Overview

System dynamics is a method for studying the world around us. Unlike other scientists, who study the world by breaking it up into smaller and smaller pieces, system dynamicists look at things as a whole. The central concept to system dynamics is understanding how all the objects in a system interact with one another. A system can be anything from a steam engine, to a bank account, to a basketball team. The objects and people in a system interact through "feedback" loops, where a change in one variable affects other variables over time, which in turn affects the original variable, and so on. [3]

History

Basic Concepts

Application

Excercises

See also

References

  1. ŠALAMON, Tomáš. Design of agent-based models: developing computer simulations for a better understanding of social processes. Řepín-Živonín: Tomáš Bruckner, 2011. ISBN 978-809-0466-111.
  2. STERMAN, John. Business Dynamics: Systems Thinking and Modeling for a Complex World
  3. MIT System Dynamics in Education Project (SDEP)

--Dinara (talk) 17:36, 21 January 2016 (CET)