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Jay Wright Forrester (1918–2016): His Contribution to the Concept of Overshoot in Socioeconomic Systems

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  • Ugo Bardi

    (Università di Firenze)

Abstract

The recent death of Jay Wright Forrester has generated several obituaries in the press describing his many achievements. However, often his involvement in the somewhat controversial issue of «World Modeling» and of «The Limits to Growth» has gone unmentioned or only barely mentioned [see, e.g., the article that appeared in The New York Times (Hafner in Jay W. Forrester dies at 98; a pioneer in computer models, 2016)]. In this commentary, I aim at providing a brief discussion of one of Forrester’s main scientific achievements: the introduction of the concept of overshoot and collapse as applied to socioeconomic systems.

Suggested Citation

  • Ugo Bardi, 2016. "Jay Wright Forrester (1918–2016): His Contribution to the Concept of Overshoot in Socioeconomic Systems," Biophysical Economics and Resource Quality, Springer, vol. 1(2), pages 1-3, December.
  • Handle: RePEc:spr:bioerq:v:1:y:2016:i:2:d:10.1007_s41247-016-0014-8
    DOI: 10.1007/s41247-016-0014-8
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