✦ LIBER ✦

The validation of commercial system dynamics models

✍ Scribed by Geoff Coyle; David Exelby

Publisher: John Wiley and Sons
Year: 2000
Tongue: English
Weight: 530 KB
Volume: 16
Category: Article
ISSN: 0883-7066
DOI: 10.1002/(sici)1099-1727(200021)16:1<27::aid-sdr182>3.0.co;2-1

No coin nor oath required. For personal study only.

✦ Synopsis

This paper discusses the need for formal criteria for the establishment of confidence in, or the ''validation'' of, system dynamics models constructed for fee-paying clients as opposed to for academic research purposes. The meaning of ''validation'' is first considered and the substantial differences between the consultancy and academic cases are discussed. That leads to a review of the system dynamics literature on tests of validity. Finally, there is a discussion of the process of consultancy in system dynamics. An outline of a set of formal tests is described.

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