The paper provides an introduction to system dynamics and builds a model of Keynes's trade cycle theory. JPKE is a scholarly journal of innovative theoretical and empirical work that examines ...

Managers can improve their investment decisions in a cyclical market, such as the tanker market, by using system-dynamics models. We developed and implemented a system-dynamics model for the tanker ...

Two computational methods for modelling complex systems The main characteristics of complex systems are described in table 1. These characteristics justify the use of two computational modelling ...

A new system dynamic model makes it possible to plan the profitability of mining operations with greater precision than before. Researchers have developed a model based on system thinking that ...

Scientists in Switzerland have created a system-dynamics model for the adoption of PV and heat pumps in Swiss residential buildings up to 2050. They have examined several scenarios to see how the ...

A system dynamics model aims to be a reliable approximation of the as-built project. Once the as-built model has been constructed, the modeller uses a range of confidence-building tests to attempt to ...

Peter Hovmand, PhD, MSW, joined the Case Western Reserve University faculty in July, 2020. They are the author of the book, Community Based System Dynamics, a practical guide for strengthening ...