Impact of Feedback Loop on Group Decision Process when Applying System Dynamics Simulators

Influence of feedback information on group decision process supported by the application of system dynamics simulators is determined in present study. Experiment with decision groups was conducted under different experimental conditions: a₁) determination of business strategy without application of formal model, a₂) determination of the strategy with application of formal system dynamics model and a₃) determination of the strategy with additional application of the group feedback information. The hypothesis that model application and group feedback information positively influence the convergence of the decision process and yield higher values of criteria function was confirmed. Described group decision process was subsequently analyzed in order to determine its frequency and deviation.