Richmond, Barry, "Endogenous Generation of Structural Change in System Dynamics Models: An Illustration from a Corporate Context", 1981

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System Dynamics models have been used extensively for depicting the dynamic behavior which arises from a given underlying feedback structure. In a typical application, a feedback structure is specified, numerical values for model parameters are specified, and then a base-run simulation is conducted. Following the establishment of a Base Case, initial conditions, table functions, constants, policy variables and exogenous inputs are altered; with the resulting impact on model behavior noted and analyzed.

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Date created
  • 1981
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Processing Activity License

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System Dynamic Society Records

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