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The validation of commercial system dynamics models
Author(s) -
Coyle Geoff,
Exelby David
Publication year - 2000
Publication title -
system dynamics review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.491
H-Index - 57
eISSN - 1099-1727
pISSN - 0883-7066
DOI - 10.1002/(sici)1099-1727(200021)16:1<27::aid-sdr182>3.0.co;2-1
Subject(s) - system dynamics , meaning (existential) , dynamics (music) , computer science , set (abstract data type) , process (computing) , model validation , management science , operations research , systems engineering , engineering , data science , artificial intelligence , sociology , psychology , pedagogy , psychotherapist , programming language , operating system
This paper discusses the need for formal criteria for the establishment of confidence in, or the ‘‘validation’’ of, system dynamics models constructed for fee‐paying clients as opposed to for academic research purposes. The meaning of ‘‘validation’’ is first considered and the substantial differences between the consultancy and academic cases are discussed. That leads to a review of the system dynamics literature on tests of validity. Finally, there is a discussion of the process of consultancy in system dynamics. An outline of a set of formal tests is described. Copyright © 2000 John Wiley & Sons, Ltd.