Constructing and Analysing Policy Scenarios for Community Well-Being Using System Dynamics:The Case of Seoul Metropolitan City, Korea

Young-Chool Choi, Jang Ji-Hyun and Choi, Min-Je
Additional contact information
Young-Chool Choi: Chungbuk National University, Korea, Postal: Chungbuk National University, Korea
Jang Ji-Hyun: Sanymyung University, Korea, Postal: Sanymyung University, Korea
Choi, Min-Je: Korea University, Korea, Postal: Korea University, Korea

International Journal of Entrepreneurship, 2017, vol. 21, issue 3

Abstract: This paper puts forward policy scenarios for community well-being in Seoul Metropolitan City, Korea using system dynamics and the sensitivity analysis method, scenarios which it is hoped will be of great benefit to policy-makers and practitioners involved in the field of community well-being. In the process, it attempts to predict what, if these policy scenarios are applied, will happen in the area of community well-being and related phenomena in Seoul City in the future. In so doing, the paper constructs a causal model in order to analyse the complex interrelationships between the factors affecting community well-being in Seoul and to simulate the possible behaviour of community well-being over the period 2017-27.

Keywords: Community Well-Being; System Dynamics; Systems Thinking; Sensitivity Analysis. (search for similar items in EconPapers)
JEL-codes: M21 (search for similar items in EconPapers)
Date: 2017
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.abacademies.org/articles/constructing- ... city-korea-6741.html Full text (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ris:ijentr:0016

Access Statistics for this article

International Journal of Entrepreneurship is currently edited by Nicolaj Hannesbo Petersen

More articles in International Journal of Entrepreneurship from Allied Business Academies
Bibliographic data for series maintained by Mouawiya Al Awad ().