My take on System Dynamics

3 Pages Posted: 1 Feb 2020

See all articles by Khalid Saeed

Khalid Saeed

Worcester Polytechnic Institute (WPI)

Date Written: November 10, 2019

Abstract

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

Suggested Citation

Saeed, Khalid, My take on System Dynamics (November 10, 2019). Available at SSRN: https://ssrn.com/abstract=3516228 or http://dx.doi.org/10.2139/ssrn.3516228

Khalid Saeed (Contact Author)

Worcester Polytechnic Institute (WPI) ( email )

100 Institute Road
Worcester, MA 01609
United States

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
14
Abstract Views
353
PlumX Metrics