Abstract: At far 1970 the elite Roman Club asked prof. J. Forrester from MIT to develop a model of world dynamics. Speaking world dynamics we mean the dynamic interactivity of the main macro economical variables. The 1-st version of the model named “World-1” was presented in 4 weeks and next year the corrected version “World-2” was accepted as the classical J. Forrester’s model. In spite of its long history the J. Forrester model retains its actuality being the basis for modern models. In the paper we consider the principal of system dynamic, criticism of the classical model, and the new models developed by the J. Forrester’s followers. We consider also adjacent areas and open problems related with world dynamics.

Keywords: world dynamics, non lineal dynamics, J. Forrester model

ACM Classification Keywords: I.2.m Miscellaneous

Link:

J. FORRESTER’S MODEL OF WORLD DYNAMICS AND ITS DEVELOPMENT (REVIEW)

Olga Proncheva, Sergey Makhov

http://www.foibg.com/ibs_isc/ibs-26/ibs-26-p13.pdf