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The Inadequacy of Forrester System Dynamics Computer Programs for Institutional Principles of Hierarchy, Feedback, and Openness.

The article seeks to discuss the institutional system principles of hierarchy, feedback and openness in order to explain the inadequacy of the Forrester type system dynamics programs to apply those principles. In terms of systems, hierarchies exist to control what events should take place, and to de...

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Published in:Journal of Economic Issues Vol. 40; no. 2; pp. 527 - 536
Main Author: Hayden, F. Gregory
Format: Article
Published: Taylor & Francis Ltd Jun2006
Subjects:
Expert systems
Organizational behavior
Institutional economics
Theory
Hierarchies
Organization
Online Access:View this record in EBSCOhost

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