2000
DOI: 10.1002/(sici)1099-1727(200021)16:1<3::aid-sdr183>3.0.co;2-5
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System dynamics for market forecasting and structural analysis

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Cited by 158 publications
(78 citation statements)
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References 5 publications
(4 reference statements)
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“…Though BNs can also be derived "purely" from mathematical analysis (e.g., Wong and Guo 2008), the application of BNs on hand incorporates expert knowledge into data-based networks and applies quantitative as well as qualitative evaluation processes. Other hybrid approaches successfully introduced to the environmental scanning domain include system dynamics (Lyneis 2000) and agentbased systems (Liu 2000), both of which are computational simulation methods for dynamic problems. System dynamics models problems as stocks and flows with feedback loops that are simulated via differential equations over time (Lane 2000), while agent-based systems simulate interrelations of autonomous agents with intelligent, rule-based behavior (Shirazi and Soroor 2007).…”
Section: Discussionmentioning
confidence: 99%
“…Though BNs can also be derived "purely" from mathematical analysis (e.g., Wong and Guo 2008), the application of BNs on hand incorporates expert knowledge into data-based networks and applies quantitative as well as qualitative evaluation processes. Other hybrid approaches successfully introduced to the environmental scanning domain include system dynamics (Lyneis 2000) and agentbased systems (Liu 2000), both of which are computational simulation methods for dynamic problems. System dynamics models problems as stocks and flows with feedback loops that are simulated via differential equations over time (Lane 2000), while agent-based systems simulate interrelations of autonomous agents with intelligent, rule-based behavior (Shirazi and Soroor 2007).…”
Section: Discussionmentioning
confidence: 99%
“…Sterman (2000)]. There has been a rather small number of animal agriculture models based on the SD approach since the foundation of the SD in the late 1950s compared to other fields of science such as business (Lyneis, 2000;Sterman, 2000) and environment (Anand et al, 2006;Fiddaman, 2007;Ford, 1999).…”
Section: Agribusiness Modellingmentioning
confidence: 99%
“…The use of system dynamics approach in this study, is based on the conviction that this methodology has several advantages compared with conventional forecasting methods (Lyneis, 2000). The advantages of this approach can be described as follows; (1) provides a reliable estimate of the statistical model; (2) provides a way to understand the causes of behavior, detects the early changes in the structure and determines the factors that predict the behavior of significant and sensitive; and (3) allows determination of plausible scenarios as input for decisions and policies.…”
Section: Introductionmentioning
confidence: 99%