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Lookup NU author(s): Professor Stewart RobinsonORCiD
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© 2014 John Wiley & Sons, Ltd. All rights reserved.Everyday situations present many examples of puzzling dynamics - performance over time that defies intuition and common sense. This chapter addresses the question of which method to use and why, by exploring how system dynamics (SD) and discrete-event simulation (DES) models help us make sense of puzzling dynamics. It begins with a brief review of existing comparisons of SD and DES. Collectively they highlight several important technical and conceptual differences between the approaches. Following this, the focus of research is explained and the case study of erratic fisheries, around which the investigation revolves in the chapter, is described. A series of SD and DES models are then developed and compared, from which differences in both the representation and interpretation of the fisheries problem are identified. Limitations of the study are discussed before returning to the question of which approach to use and when.
Author(s): Morecroft J, Robinson S
Editor(s): Brailsford S; Churilov L; Dangerfield B
Publication type: Book Chapter
Publication status: Published
Book Title: Discrete-Event Simulation and System Dynamics for Management Decision Making
Year: 2014
Pages: 165-198
Acceptance date: 02/04/2014
Series Title: Wiley Series in Operations Research and Management Science
Publisher: Wiley Blackwell
Place Published: Chichester
URL: https://doi.org/10.1002/9781118762745.ch09
DOI: 10.1002/9781118762745.ch09
Notes: 9781118349021 Hardback ISBN
Library holdings: Search Newcastle University Library for this item
ISBN: 9781118762745