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• W2134328081 abstract "The System Dynamics (SD) methodology is a framework for modeling and simulating the dynamic behavior of socioeconomic systems. Characteristic for the description of such systems is the occurrence of feedback loops together with stocks and flows. The equations that describe the system are usually nonlinear. Therefore seemingly simple systems can show a nonintuitive, nonpredictable behavior over time. Controlling a dynamical system means to define a desired final state in which the system should be, and to specify potential interventions from outside that should keep the system on the right track. The central question is how to compute a globally optimal control? We propose a branch-and-bound approach that is based on a bound propagation method, primal heuristics, and spatial branching. We apply our new SD-control method to a model that describes the evolution of a social-economic system over time. We examine the problem of steering this system on a sustainable consumption path." @default.
• W2134328081 created "2016-06-24" @default.
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• W2134328081 date "2013-04-23" @default.
• W2134328081 modified "2023-09-26" @default.
• W2134328081 title "System Dynamic Optimization in the Sustainability Assessment of a World-Model" @default.
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• W2134328081 hasPublicationYear "2013" @default.
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