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May 21, 2012


L Malczynski

It seems that another MIT professor beat Professor Sussmam by 55 years. Jay W Forrester's Industrial Dynamics, now termed System Dynamics. This from the www.systemdynamics.org website: "System dynamics is a computer-aided approach to policy analysis and design. It applies to dynamic problems arising in complex social, managerial, economic, or ecological systems -- literally any dynamic systems characterized by interdependence, mutual interaction, information feedback, and circular causality."

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