System dynamics: a behavioral modeling method
System dynamics: a behavioral modeling method
Nowadays, there is an increasing integration of methods from economics and psychology in simulation that allow more rigorous approaches to addressing behavioral issues. One of these approaches is the use of laboratory and field experiments of individual and group decision making concerning human judgment and decision-making under uncertainty. System Dynamics, as a simulation methodology, has been employed successfully as a behavioral experimental tool. Some researchers suggest that System Dynamics models are behavioral models of business systems which uncover intended rationality (theories in use) in business decision making. This tutorial offers an opportunity to explore the antecedents of System Dynamics as a behavioral simulation modeling method and offers examples of uses of System Dynamics in laboratory experiments, field experiments and evaluation of theories-in-use by decision makers.
53-64
Kunc, Martin
0b254052-f9f5-49f9-ac0b-148c257ba412
2016
Kunc, Martin
0b254052-f9f5-49f9-ac0b-148c257ba412
Kunc, Martin
(2016)
System dynamics: a behavioral modeling method.
In Proceedings of the 2016 Winter Simulation Conference.
IEEE Press.
.
(doi:10.1109/WSC.2016.7822079).
Record type:
Conference or Workshop Item
(Paper)
Abstract
Nowadays, there is an increasing integration of methods from economics and psychology in simulation that allow more rigorous approaches to addressing behavioral issues. One of these approaches is the use of laboratory and field experiments of individual and group decision making concerning human judgment and decision-making under uncertainty. System Dynamics, as a simulation methodology, has been employed successfully as a behavioral experimental tool. Some researchers suggest that System Dynamics models are behavioral models of business systems which uncover intended rationality (theories in use) in business decision making. This tutorial offers an opportunity to explore the antecedents of System Dynamics as a behavioral simulation modeling method and offers examples of uses of System Dynamics in laboratory experiments, field experiments and evaluation of theories-in-use by decision makers.
Text
07822079
- Version of Record
Restricted to Repository staff only
Request a copy
More information
Accepted/In Press date: 11 December 2016
Published date: 2016
Identifiers
Local EPrints ID: 427573
URI: http://eprints.soton.ac.uk/id/eprint/427573
ISSN: 1558-4305
PURE UUID: 175ac606-b7a9-4d54-8d1f-d7f1dff1f5da
Catalogue record
Date deposited: 23 Jan 2019 17:30
Last modified: 16 Mar 2024 04:39
Export record
Altmetrics
Download statistics
Downloads from ePrints over the past year. Other digital versions may also be available to download e.g. from the publisher's website.
View more statistics
