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We are on Facebook

Updated: June 8, 2009June 6, 2009Filed under: News & Announcements1 Comment

FacebookFacebook is all the rage these days, so we have setup a few Pages so you can access this blog and create some conversations there as well.  So, if you use Facebook and want to become a fan, head over to the Pages!

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(If Twitter is more of your thing you can follow me at http://twitter.com/jeremyx)

News & Announcements
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1 Comment

Storytelling Simulations

Updated: June 23, 2009May 21, 2009Filed under: Modeling Tips1 Comment

Storytelling is a powerful feature that provides precise control over the presentation of a model to your audience. It also allows kiosk-style presentations to be created that step through the model, explaining it piece-by-piece. Many people use it only for this purpose, but storytelling offers so much more.

Because a basic premise of System Dynamics is that structure and behavior are linked, one of the key ideas behind storytelling is to allow the behavioral story to grow as the structural story unfurls. To create this effect, we neutralize structure that is not showing. This is extremely powerful because it allows you, for example, to selectively show the behavior of different loops within the system.

A simple example will solidify this concept. Consider the following simple population model:

population-model

The death rate multiplier is a simple resource constraint on the growth of population. More complex constraints would also affect the birth rate.

(more…)

Modeling Tips
  • iThink/STELLA
  • software
  • storytelling
1 Comment

Insight-based Model Investigates the Housing Crisis

Updated: June 23, 2009May 5, 2009Filed under: STELLA & iThink5 Comments

wpi-logoFor the past few months I’ve been taking a distance learning course at WPI called “System Dynamics Foundations: Managing Complexity”. The course covers a broad range of topics about the system dynamics methodology and how it has been applied in the real world.

One of the things I really like about the course is the different perspective the instructors bring to the table (or in this case my computer screen.) Last week’s lecture focused on three different styles of system dynamics modeling – Causal Loop Diagrams (CLDs), insight-based models and calibrated models.  While both instructors agreed there is value in all three approaches to dynamic modeling, there was clearly a difference of opinion about what is required to actually DO something with a proposed solution to a problem.

The topic got me to thinking about the types of STELLA and iThink models that are being built and how they are being used to DO something about real world problems. I would guess that the majority of the models fall into the insight-based category.   One of the reasons we put so much effort into creating communication features in our software is so that those insights can be shared and discovered by others.  The “ah-ha” moments that come from experimenting with simulations are often a great vehicle for getting conversations going about a particular issue and discussing possible solutions.

(more…)

STELLA & iThink
  • Causal Loop
  • CLD
  • housing
  • mortgage
  • netsim
  • price
  • supply and demand
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