By Mark Ciotola
First published on April 20, 2019
How does one model an entire universe or even a single ecosystem? System dynamics provides a means of studying and simulating the progression over time of a process involving multiple, interacting components. It was initially developed by J. Forrester at MIT in the mid-1950s.
- Widely used to model industrial processes.
- Used to model the progression of the world, and its economy and environment by the Club of Rome study Limits to Growth (1972).
- Insightmaker system dynamics simulations.
- Systems Dynamicsgroup at MIT
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