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System dynamics is a methodology and mathematical modeling technique to frame, understand, and discuss complex issues and problems. Originally developed in the 1950s to help corporate managers improve their understanding of industrial processes, SD is currently being used throughout the public and private sector for policy analysis and design.
The development was initiated by a group of active system dynamics modellers who had needs and ideas for an open toolset. The new needs for features like hierarchical modules, module libraries, collaborative model development and efficient model communication in system dynamics together with the development of open source modelling framework Simantics and simulation environment OpenModelica [4 ...
STELLA (short for Systems Thinking, Experimental Learning Laboratory with Animation; also marketed as iThink) is a visual programming language for system dynamics modeling introduced by Barry Richmond in 1985. The program, distributed by isee systems (formerly High Performance Systems) allows users to run models created as graphical ...
Differs from traditional system dynamics approaches in that 1) it puts much greater emphasis on probabilistic simulation techniques to support representation of uncertain and/or stochastic systems; and 2) it provides a wide variety of specialized model objects (beyond stocks, flows and converters) in order to make models less abstract (and ...
The World3 model is a system dynamics model for computer simulation of interactions between population, industrial growth, food production and limits in the ecosystems of the earth. It was originally produced and used by a Club of Rome study that produced the model and the book The Limits to Growth (1972).
Barry Marshall Richmond (14 November 1946 – 3 August 2002) was an American systems scientist, and former managing director of High Performance Systems, Inc (HPS), an organization providing software and consulting services to build the capacity of people to understand and improve the workings of dynamic systems.
The book was originally circulated as a draft in 1993, and versions of this draft circulated informally within the systems dynamics community for years. After the death of Meadows in 2001, the book was restructured by her colleagues at the Sustainability Institute, edited by Diana Wright, and finally published in 2008. [2]
John David Sterman is the Jay W. Forrester Professor of Management, and the current director of the MIT System Dynamics Group at the MIT Sloan School of Management. [1] [2] He is also co-faculty at the New England Complex Systems Institute. He is mostly considered as the current leader of the System Dynamics school of thought.