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System Dynamics
Modelling and Simulation
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This book covers the wide spectrum of system dynamics methodology for modeling and simulation of complex systems: systems thinking, causal diagrams, systems structure of stock and flow diagrams, parameter estimation and tests for confidence building in system dynamics models. It includes a comprehensive review of model validation and policy design and provides a practical presentation of system dynamics modeling. It also offers numerous executed examples and case studies in diverse fields using STELLA and VENSIM. The system dynamics methodology presented can be applied to almost all areas of research and planning, and the simulations presented make the complicated issues more easily understandable. System Dynamics: Modeling and Simulation is an essential textbook for undergraduate and graduate courses on system dynamics and systems engineering. It is also an excellent reference for managers in industry and policy planners wishing to use modeling and simulation to manage complex systems more effectively, as well as researchers in modeling and simulation-based systems thinking.§
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