In mechanics, force produces acceleration in an object. The same concept can be used in system dynamics to describe how any time-varying signal can cause acceleration in a stock – a dynamic variable. That signal may be exogenous or come from another stock. In the Newtonian Interpretive Framework, the effect […]
Tag: force
Reinforcing Loops and Growth
I have often seen the following causal loop used in system dynamics presentations to explain a reinforcing loop: Figure 1: Causal Loop Diagram of Simple Birth Process The argument then runs: the more population, the more births, hence more in the population; thus,“ the population grows. Fortunately, I never hear […]