Laboratory experiments in the system dynamics field

Controlled experiments, long used in psychology and economics, are increasingly being used to develop theories in the areas of interest to management science, including decision making and systems. In this paper we review laboratory experiments relating to system dynamics. We discuss how these exper...

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Bibliographic Details
Published inSystem dynamics review Vol. 28; no. 1; pp. 94 - 106
Main Authors Arango Aramburo, Santiago, Castañeda Acevedo, Jaime Andrés, Olaya Morales, Yris
Format Journal Article
LanguageEnglish
Published Chichester, UK John Wiley & Sons, Ltd 01.01.2012
Wiley Periodicals Inc
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Summary:Controlled experiments, long used in psychology and economics, are increasingly being used to develop theories in the areas of interest to management science, including decision making and systems. In this paper we review laboratory experiments relating to system dynamics. We discuss how these experiments help to (1) determine causes for subjects' poor performance in dynamic environments and (2) model such behaviour in system dynamics models. Finally, we present the main insights from the works reviewed and propose some ideas for a research agenda. Copyright © 2012 System Dynamics Society
Bibliography:ark:/67375/WNG-XP57G30P-7
ArticleID:SDR472
istex:CF679D7EBCFC281848461DCA71E0F4BFAFDDBE62
ObjectType-Article-1
SourceType-Scholarly Journals-1
ObjectType-Feature-2
content type line 14
ISSN:0883-7066
1099-1727
DOI:10.1002/sdr.472