SD meets OR: a new synergy to address policy problems
Navid Ghaffarzadegan and
Richard C. Larson
System Dynamics Review, 2018, vol. 34, issue 1-2, 327-353
Abstract:
We reflect on our past 7 years of collaboration to develop systems models of U.S. higher education and scientific workforce development. Based on three recent modeling examples, we offer a methodological proposition that many traditional operations research (OR) models can be improved by including feedback processes, as is commonly done in system dynamics (SD) modeling. Such models, even if simple and approximate, can be powerful, insightful, easy to communicate, and effective. While these modeling examples may not follow conventional SD or OR modeling, they benefit from and contribute to both schools of modeling. We argue that to build such synergy modeling teams should be willing to create models building on the strengths of each school of modeling. Copyright © 2018 System Dynamics Society
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:bla:sysdyn:v:34:y:2018:i:1-2:p:327-353
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