A survey of methods for data inclusion in system dynamics models: Methods, tools and applications

Numerical data is experiencing a renaissance because 1) traditional data such as census and economic surveys are more readily accessible 2) new sensors are measuring things that have never been measured before, and 3) previously 'unstructured' data - such as raw text, audio, images, and vi...

Full description

Bibliographic Details
Main Authors: Houghton, James, Siegel, Michael, Wirsch, Anton, Moulton, Allen, Madnick, Stuart E., Goldsmith, Daniel
Format: Article
Language:en_US
Published: © The System Dynamics Society 2022
Online Access:https://proceedings.systemdynamics.org/2014/proceed/proceed.pdf
https://hdl.handle.net/1721.1/141748
_version_ 1826196600789139456
author Houghton, James
Siegel, Michael
Wirsch, Anton
Moulton, Allen
Madnick, Stuart E.
Goldsmith, Daniel
author_facet Houghton, James
Siegel, Michael
Wirsch, Anton
Moulton, Allen
Madnick, Stuart E.
Goldsmith, Daniel
author_sort Houghton, James
collection MIT
description Numerical data is experiencing a renaissance because 1) traditional data such as census and economic surveys are more readily accessible 2) new sensors are measuring things that have never been measured before, and 3) previously 'unstructured' data - such as raw text, audio, images, and videos - is becoming more amenable to quantification. Because of this explosion and the popular buzz surrounding ‘Big Data’, clients expect to see strong incorporation of data methods into dynamic models, and it is imperative that System Dynamics Modelers are fully versed in the techniques for doing so. The SD literature contains surveys that explain methods for including data in system dynamics modeling, but techniques have continued to develop. This paper attempts to bring these surveys up to date, and serve as a menu of modern techniques.
first_indexed 2024-09-23T10:30:31Z
format Article
id mit-1721.1/141748
institution Massachusetts Institute of Technology
language en_US
last_indexed 2024-09-23T10:30:31Z
publishDate 2022
publisher © The System Dynamics Society
record_format dspace
spelling mit-1721.1/1417482022-04-08T03:29:40Z A survey of methods for data inclusion in system dynamics models: Methods, tools and applications Houghton, James Siegel, Michael Wirsch, Anton Moulton, Allen Madnick, Stuart E. Goldsmith, Daniel Numerical data is experiencing a renaissance because 1) traditional data such as census and economic surveys are more readily accessible 2) new sensors are measuring things that have never been measured before, and 3) previously 'unstructured' data - such as raw text, audio, images, and videos - is becoming more amenable to quantification. Because of this explosion and the popular buzz surrounding ‘Big Data’, clients expect to see strong incorporation of data methods into dynamic models, and it is imperative that System Dynamics Modelers are fully versed in the techniques for doing so. The SD literature contains surveys that explain methods for including data in system dynamics modeling, but techniques have continued to develop. This paper attempts to bring these surveys up to date, and serve as a menu of modern techniques. This material is based on work supported by the U.S. Office of Naval Research, Grant No. N00014-09-1-0597. Any opinions, findings, conclusions or recommendations therein are those of the author(s) and do not necessarily reflect the views of the Office of Naval Research. 2022-04-07T16:08:21Z 2022-04-07T16:08:21Z 2014-07-20 Article https://proceedings.systemdynamics.org/2014/proceed/proceed.pdf https://hdl.handle.net/1721.1/141748 Houghton, J., Siegel, M., Wirsch, A., Moulton, A., Madnick, S., & Goldsmith, D. (2014). A survey of methods for data inclusion in system dynamics models: Methods, tools and applications. In Pål Davidsen, & Etiënne A. J. A. Rouwette (Eds.), Proceedings of the 32nd International Conference of the System Dynamics Society. System Dynamics Society. en_US Attribution-NonCommercial-NoDerivs 3.0 United States http://creativecommons.org/licenses/by-nc-nd/3.0/us/ application/pdf © The System Dynamics Society
spellingShingle Houghton, James
Siegel, Michael
Wirsch, Anton
Moulton, Allen
Madnick, Stuart E.
Goldsmith, Daniel
A survey of methods for data inclusion in system dynamics models: Methods, tools and applications
title A survey of methods for data inclusion in system dynamics models: Methods, tools and applications
title_full A survey of methods for data inclusion in system dynamics models: Methods, tools and applications
title_fullStr A survey of methods for data inclusion in system dynamics models: Methods, tools and applications
title_full_unstemmed A survey of methods for data inclusion in system dynamics models: Methods, tools and applications
title_short A survey of methods for data inclusion in system dynamics models: Methods, tools and applications
title_sort survey of methods for data inclusion in system dynamics models methods tools and applications
url https://proceedings.systemdynamics.org/2014/proceed/proceed.pdf
https://hdl.handle.net/1721.1/141748
work_keys_str_mv AT houghtonjames asurveyofmethodsfordatainclusioninsystemdynamicsmodelsmethodstoolsandapplications
AT siegelmichael asurveyofmethodsfordatainclusioninsystemdynamicsmodelsmethodstoolsandapplications
AT wirschanton asurveyofmethodsfordatainclusioninsystemdynamicsmodelsmethodstoolsandapplications
AT moultonallen asurveyofmethodsfordatainclusioninsystemdynamicsmodelsmethodstoolsandapplications
AT madnickstuarte asurveyofmethodsfordatainclusioninsystemdynamicsmodelsmethodstoolsandapplications
AT goldsmithdaniel asurveyofmethodsfordatainclusioninsystemdynamicsmodelsmethodstoolsandapplications
AT houghtonjames surveyofmethodsfordatainclusioninsystemdynamicsmodelsmethodstoolsandapplications
AT siegelmichael surveyofmethodsfordatainclusioninsystemdynamicsmodelsmethodstoolsandapplications
AT wirschanton surveyofmethodsfordatainclusioninsystemdynamicsmodelsmethodstoolsandapplications
AT moultonallen surveyofmethodsfordatainclusioninsystemdynamicsmodelsmethodstoolsandapplications
AT madnickstuarte surveyofmethodsfordatainclusioninsystemdynamicsmodelsmethodstoolsandapplications
AT goldsmithdaniel surveyofmethodsfordatainclusioninsystemdynamicsmodelsmethodstoolsandapplications