Ventana software support forum

Posted by ""Marion McGregor-Triano"" <mbtmcgregor@msn.com>
Hello!

Does anyone know of any work (or publications) where data have been compared using System Dynamics modeling versus simultaneous equations?

Thanks,
Marion McGregor-Triano
Posted by ""Marion McGregor-Triano"" <mbtmcgregor@msn.com>
posting date Wed, 10 Aug 2005 12:33:29 -0500

Posted by ""Christian Erik Kampmann"" <cek.marktg@cbs.dk>
I assume that by ""simultaneous equations"" you mean econometric studies that
assume a supply and demand curve, for instance. In that case, a lot of work
has been done on that, mostly at the philosophical / methodological level.
For instance, you might check out John Sterman's ""A skeptic's guide ..."" and
""Appropriate summary statistics ..."" articles and the forward and backward
citations from that. Very early on, Gil Low studied Samuelson's
multiplier-accelerator model and compared its dynamics to a continuous-time
system dynamics model. Sorry that I don't have the exact titles -- this is
a quick response to your query -- but hopefully it should give you something
to go from.

Regards,

Christian Erik Kampmann
Associate Professor
Center for Applied Management Studies
Copenhagen Business School
Birk Centerpark 40
DK-7400 Herning
Denmark
Posted by ""Christian Erik Kampmann"" <cek.marktg@cbs.dk>
posting date Fri, 12 Aug 2005 16:06:21 +0200