||From the Inside Flap|System dynamics can be used for policy design and strategy testing, but it is also the foundation on which sophisticated optimisation approaches can be used to design strategies that are robust against a range of eventualities. The diagrams
Alexander Ryzhenkov Unfolding the Eco-Wave Why Renewal is Pivotal System dynamics is a method similar to econometrics and mathematical statistics. Normally it is used to provide a rigorous analysis of models in closed systems (a system that is artificially created to simplify certain conditions, so that other conditions can be examined in more detail). Here, however, it is used for the first time to study capital accumulation, and the economic cycles. It is well documen...
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