My take on System Dynamics
3 Pages Posted: 1 Feb 2020
Date Written: November 10, 2019
System Dynamics is an alternative calculus that is intuitive and can be implemented on modern computers – models built with it are not abstract and can be verified. Using this alternative calculus, it proposes an alternative economics, whose actors are not rational agents, but managers. It is thus a gateway to operational policy that can rectify problematic behavior in firms, markets, regions and national economies.
Keywords: System Dynamics, economics, calculus, feedback
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