“…The lack of an appropriate approach to assess the goodness of a business model has been identified as "one of the biggest research gaps" (Wirtz et al, 2016). In this regard, some researchers have pointed out the importance of using behavioral models, such as systems dynamics, in the analysis of conventional business models (CBMs) (Cosenz, 2017;Cosenz and Bivona, 2021;Cosenz andNoto, 2018a, 2018b;Gomez Segura et al, 2020;Jin et al, 2021) and sustainable business models (SBMs) (Evans et al, 2017;Feng et al, 2021;Melkonyan et al, 2017;Liu et al, 2022;Cui et al, 2022;Schlüter et al, 2023). It has also been emphasized to use simulation-based methods to test business models without spending money or taking risks (Evans et al, 2017).…”