Does System Dynamics Facilitate Learning in Resource Management?: A Study Based on a Laboratory Experiment

Does System Dynamics Facilitate Learning in Resource Management?: A Study Based on a Laboratory Experiment
Автор
 
Год
 
Страниц
 
112
ISBN
 
3639072472
Издатель
 
Global Professional Publishing
Категория
 
Новые поступления. Бизнес и экономика

Описание:

Firms could be analyzed as systems composed ofresources that determine their performance. Theresources are utilized and accumulated over timeaccording to the decisions continuously made bymanagers. Since decisions are based on managersels, deficiencies in these models alongwith the inability to infer dynamic behavior mayaffect success or failure. Thus, learning about thedynamics embedded in the firms should be promoted inorder to enhance peoplending of how theinteractions between the most basic elements generatethe behavior of the resource levels over time. Thismight help them formulate better mental models and,therefore, make better decisions that ensure thefirmbility.System Dynamics is expected to have the potential tofacilitate this process of learning. A laboratoryexperiment is conducted in order to test whether abrief SD-based teaching session in ResourceManagement may lead university students to improvetheir grasp of the dynamics of the relationshipbetween resource stocks and...

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