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Jay Forrester's operational approach to economics

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  • Khalid Saeed

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  • Khalid Saeed, 2014. "Jay Forrester's operational approach to economics," System Dynamics Review, System Dynamics Society, vol. 30(4), pages 233-261, October.
    • Handle: RePEc:bla:sysdyn:v:30:y:2014:i:4:p:233-261
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    File URL: http://hdl.handle.net/10.1002/sdr.1525
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    References listed on IDEAS

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    1. Vernon L. Smith, 1962. "An Experimental Study of Competitive Market Behavior," Journal of Political Economy, University of Chicago Press, vol. 70, pages 111-111.
    2. Azariadis, Costas, 1996. "The Economics of Poverty Traps: Part One: Complete Markets," Journal of Economic Growth, Springer, vol. 1(4), pages 449-496, December.
    3. Khalid Saeed, 2004. "Designing an Environmental Mitigation Banking Institution for Linking the Size of Economic Activity to Environmental Capacity," Journal of Economic Issues, Taylor & Francis Journals, vol. 38(4), pages 909-937, December.
    4. K Saeed & O V Pavlov, 2008. "Dynastic cycle: a generic structure describing resource allocation in political economies, markets and firms," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 59(10), pages 1289-1298, October.
    5. R. H. Coase, 2013. "The Problem of Social Cost," Journal of Law and Economics, University of Chicago Press, vol. 56(4), pages 837-877.
    6. John D. W. Morecroft, 1985. "Rationality in the Analysis of Behavioral Simulation Models," Management Science, INFORMS, vol. 31(7), pages 900-916, July.
    7. Nordhaus, William D, 1973. "World Dynamics: Measurement Without Data," Economic Journal, Royal Economic Society, vol. 83(332), pages 1156-1183, December.
    8. Douglas J. Crookes & Martin P. De Wit, 2014. "Is System Dynamics Modelling of Relevance to Neoclassical Economists?," South African Journal of Economics, Economic Society of South Africa, vol. 82(2), pages 181-192, June.
    9. Kugler, Maurice & Rapoport, Hillel, 2007. "International labor and capital flows: Complements or substitutes?," Economics Letters, Elsevier, vol. 94(2), pages 155-162, February.
    10. Barry Richmond, 1993. "Systems thinking: Critical thinking skills for the 1990s and beyond," System Dynamics Review, System Dynamics Society, vol. 9(2), pages 113-133, June.
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    Cited by:

    1. Martin F. G. Schaffernicht & Stefan N. Groesser, 2016. "A competence development framework for learning and teaching system dynamics," System Dynamics Review, System Dynamics Society, vol. 32(1), pages 52-81, January.
    2. Camilo Olaya, 2015. "Cows, agency, and the significance of operational thinking," System Dynamics Review, System Dynamics Society, vol. 31(4), pages 183-219, October.
    3. Petr Tučník & Vladimír Bureš, 2016. "Experimental Evaluation of Suitability of Selected Multi-Criteria Decision-Making Methods for Large-Scale Agent-Based Simulations," PLOS ONE, Public Library of Science, vol. 11(11), pages 1-24, November.

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