A system dynamics glossary
In: System dynamics review: the journal of the System Dynamics Society, Band 35, Heft 4, S. 369-379
ISSN: 1099-1727
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In: System dynamics review: the journal of the System Dynamics Society, Band 35, Heft 4, S. 369-379
ISSN: 1099-1727
In: System dynamics review: the journal of the System Dynamics Society, Band 15, Heft 1, S. 3-36
ISSN: 1099-1727
In: System dynamics review: the journal of the System Dynamics Society, Band 32, Heft 1, S. 82-96
ISSN: 1099-1727
In: System dynamics review: the journal of the System Dynamics Society, Band 22, Heft 1, S. 51-71
ISSN: 1099-1727
AbstractTipping point feedback structures can push a series of product development projects into fire‐fighting mode in which rework overwhelms progress. Similar dynamics also threaten the performance of individual development projects. The current work extends previous tipping point dynamics research to single projects and demonstrates how a simple, common feedback structure can cause complex tipping point dynamics, trap projects in deteriorating modes of behavior, and cause projects to fail. Basic tipping point dynamics in single projects are described, demonstrated, and analyzed with a model. The concept of applying robustness to project design is preliminarily tested and system robustness to tipping point‐induced failure is quantified for a simple project and analyzed with sensitivity analysis. Impacts of tipping points on project performance and future research opportunities concerning tipping point and robustness in project management are discussed. Copyright © 2006 John Wiley & Sons, Ltd.
In: Systems research and behavioral science: the official journal of the International Federation for Systems Research, Band 25, Heft 6, S. 769-782
ISSN: 1099-1743
AbstractThe critical role of water infrastructure systems in sustainable development and the limitations of supply management have increased the importance of demand management in meeting water needs. As an integral part of demand management in water‐stressed regions, water allocation policies address the competition among user groups for scarce water resources. This paper presents a dynamic simulation model of a water system in semi‐arid regions and analyses the effectiveness of allocation policies in meeting two objectives: satisfy current demands and preserve adequate supply for future use. Field data identified risk aversion in managers, as reflected in their allocation policies, as a potentially important influence on policy effectiveness. The model was tested with data and policies from the island of Cyprus. Sensitivity analyses reveal the important role of managerial expectations and responses to supply and demand in determining system performance. Analysis of water allocation policies revealed that the level of risk in policies shifts performance between satisfying current demands and protecting against future drought conditions. Potential changes by managers for improved performance and research needs are discussed. Copyright © 2008 John Wiley & Sons, Ltd.
In: System dynamics review: the journal of the System Dynamics Society, Band 23, Heft 2-3, S. 157-189
ISSN: 1099-1727
AbstractOne of the most successful areas for the application of system dynamics has been project management. Measured in terms of new system dynamics theory, new and improved model structures, number of applications, number of practitioners, value of consulting revenues, and value to clients, "project dynamics" stands as an example of success in the field. This paper reviews the history of project management applications in the context of the underlying structures that create adverse dynamics and their application to specific areas of project management, synthesizes the policy messages, and provides directions for future research and writing. Copyright © 2007 John Wiley & Sons, Ltd.
In: System dynamics review: the journal of the System Dynamics Society, Band 15, Heft 4, S. 411-415
ISSN: 1099-1727
In: System dynamics review: the journal of the System Dynamics Society, Band 14, Heft 1, S. 31-68
ISSN: 1099-1727
In: System dynamics review: the journal of the System Dynamics Society, Band 14, Heft 4, S. 309-340
ISSN: 1099-1727
In: System dynamics review: the journal of the System Dynamics Society, Band 14, Heft 1, S. 3-29
ISSN: 1099-1727
In: Systems research and behavioral science: the official journal of the International Federation for Systems Research, Band 37, Heft 2, S. 333-344
ISSN: 1099-1743
AbstractPublic goods and services such as prisons are often underfunded compared with private goods and services. Social impact bonds (SIBs) are a new financial vehicle to increase the use of private funds for public good. SIBs use a paid‐for‐success, performance‐based structure to reallocate risk and reward. In the current case, the SIB changes a critical reinforcing loop from a vicious cycle of decay to a virtuous cycle of improvement that can perpetuate SIB benefits far after the bond has been repaid. A simulation model of recidivism at Her Majesty's Prison (HMP) Peterborough and the related SIB is developed to identify high‐leverage parameters and dominant feedback loops. These are used to explain SIB success or failure for two primary participants (HMP system and SIB investors). Model analysis also reveals a tipping point structure that puts the Peterborough programme at risk. Contributions include a formal SIB model, improved understanding of SIB structure and behaviour, an example of tipping point structures in a social system and recommendations concerning SIB design and management.