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2011 | OriginalPaper | Chapter

System Dynamics and Its Contribution to Economics and Economic Modeling

Author : Michael J. Radzicki

Published in: Complex Systems in Finance and Econometrics

Publisher: Springer New York

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Article Outline

Glossary
Definition of the Subject
Introduction
Types of Dynamic Simulation
Translating Existing Economic Models into a System Dynamics Format
Improving Existing Economic Models with System Dynamics
Creating Economic Dynamics Models from Scratch
Model Validity
Controversies
Future Directions
Bibliography

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Metadata
Title
System Dynamics and Its Contribution to Economics and Economic Modeling
Author
Michael J. Radzicki
Copyright Year
2011
Publisher
Springer New York
DOI
https://doi.org/10.1007/978-1-4419-7701-4_39