Causal loop diagram - Open Access .click

Journal of the Operational Research Society, 2015
Escalation of commitment, the tendency of decision makers to keep on investing in losing courses of action, has been shown to be a costly decision bias that affects many areas of decision making. Even though escalation is a widely studied phenomenon, there has been comparatively little research on how to avoid this bias. The present study focuses on de-
Özge Pala, Dirk J Vriens, Jac AM Vennix
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Causal Loop Diagrams

2016
The concept of causal loop diagram was introduced in Chap. 2, and this chapter presents concepts, methodology and techniques of causal loop diagrams. The cause–effect relationships and reinforcing and balancing loops are highlighted with examples. Steps to construct causal loop diagrams are provided. A good number of worked out examples are included to
Bilash Kanti Bala +2 more
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Causal Loop Diagrams

2020
System dynamics looks at how various elements interact within a system over time and captures the dynamic aspects by incorporating concepts such as stock, flows, feedback, and delays. It provides an insight into the dynamic behavior of a system over time (Tang and Vijay 2001). In this chapter, we will discuss how Causal Loop Diagrams (CLDs) are used to
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Automated Equation Formulation for Causal Loop Diagrams

2015
The annotation of Business Dynamics models with parameters and equations, to simulate the system under study and further evaluate its simulation output, typically involves a lot of manual work. In this paper we present an approach for automated equation formulation of a given Causal Loop Diagram (CLD) and a set of associated time series with the help ...
Marc Drobek +3 more
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causal loop diagrams