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An Object-Oriented Design for Dynamic Simulation Models

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  • Stephen Strommen

Abstract

Object-oriented design has evolved as a means for dealing with very complex software systems. This paper outlines some of the fundamental concepts of the object-oriented approach and applies them to the design of a dynamic simulation model of a financial institution. A sample design for a simulation model is presented, including a description of the objects involved and the way they interact.The paper closes with a discussion of the advantages of object-oriented design, not only in the context of the model presented here but also in the broader context of dynamic modeling in general.

Suggested Citation

  • Stephen Strommen, 1997. "An Object-Oriented Design for Dynamic Simulation Models," North American Actuarial Journal, Taylor & Francis Journals, vol. 1(3), pages 38-49.
    • Handle: RePEc:taf:uaajxx:v:1:y:1997:i:3:p:38-49
    DOI: 10.1080/10920277.1997.10595626
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