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What is System Dynamics Modelling

Chapter 7
Handbook of Research on Modeling, Analysis, and Control of Complex Systems
Is a simulation method particularly applicable for understanding the behaviour of a complex system in the long-term. Moreover, useful when the theoretical focus is nonlinear.
Published in Chapter:
Using System Dynamics to Analyse the Cooperation and Reputation in the Electricity Industry
Lina Carvajal-Prieto (Universidad Piloto de Colombia, Colombia) and Milton M. Herrera (Universidad Militar Nueva Granada, Colombia)
Copyright: © 2021 |Pages: 20
DOI: 10.4018/978-1-7998-5788-4.ch007
Abstract
When different stakeholders work together, they can implement a strategy to improve the performance of the electricity industry. This chapter shows how the cooperation and reputation influence on the electricity industry. A simulation model was developed to illustrate how related variables such as altruism, reputation, and strategic alliances contribute to promote the renewable energy industry. To do this, the chapter illustrates a case study for the electricity market in Colombia. The results show a novel perspective that contributes to marketers and engineers in the analysis of the relationship between cooperation and reputation in electricity firms.
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Chapter 12
Developments in Modeling Organizational Issues in Healthcare: Multi Method Modeling
A systems-oriented simulation based modelling approach first proposed in Forrester (1961). Models are based on the causal structure of the problem including the perceptions of the actors. Two levels of modelling are possible; Qualitative modelling using influence diagrams and causal loop analysis or quantitative modelling using Stock-Flow diagrams and computer simulation.
Published in Chapter: Developments in Modeling Organizational Issues in Healthcare: Multi Method Modeling; From: Handbook of Research on Advances in Health Informatics and Electronic Healthcare Applications: Global Adoption and Impact of Information Communication Technologies
Full Text Chapter Download: US $37.50 Add to Cart
Chapter 12
Developments in Modeling Organizational Issues in Healthcare: Multi Method Modeling
A systems-oriented simulation based modelling approach first proposed in Forrester (1961). Models are based on the causal structure of the problem including the perceptions of the actors. Two levels of modelling are possible; Qualitative modelling using influence diagrams and causal loop analysis or quantitative modelling using Stock-Flow diagrams and computer simulation.
Published in Chapter: Developments in Modeling Organizational Issues in Healthcare: Multi Method Modeling; From: Handbook of Research on Advances in Health Informatics and Electronic Healthcare Applications: Global Adoption and Impact of Information Communication Technologies
Full Text Chapter Download: US $37.50 Add to Cart
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