17

May

Is System Dynamics Dead or Alive?

I was recently asked if System Dynamics (SD) is dead. And this is in fact an interesting question. In the industry, the use of discrete-events (DE) and agent-based (AB) models vastly surpasses the contribution of SD. And SD seems to be in an eternal struggle to get more popular and it doesn’t seem get enough traction, at […]

20

Sep

Agent-Based, Discrete-Events and System Dynamics

Before I start, don’t expect me to explain all these methodologies in detail since there is already a lot of material on the web that can help you. Wikipedia is good starting point with the following links if you are interested in the technical details: System Dynamics Discrete Events Agent-Based In business, industrial and socio-economic settings, System[…]