Using System Dynamics as a Knowledge-Based Decision Making Paradigm

In this paper, we suggest a method of knowledge-based decision making using system dynamics, with an emphasis to strategic concerns. The proposed method transforms individual mental models into explicit knowledge by translating partial and implicit knowledge into an integrated knowledge model. The s...

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Bibliographic Details
Main Authors: Lin-gang Zhang, Zhong Chen
Format: Conference Proceeding
Language:English
Subjects:
Biological system modeling
Decision making
Knowledge based systems
Knowledge management
Organizations
Online Access:Request full text
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Summary:In this paper, we suggest a method of knowledge-based decision making using system dynamics, with an emphasis to strategic concerns. The proposed method transforms individual mental models into explicit knowledge by translating partial and implicit knowledge into an integrated knowledge model. The scenario-based test of the organized knowledge model enables decision-makers to understand the structure of the target problem and identify its basic cause, which facilitates effective decision-making.
DOI:10.1109/ICMSS.2010.5576851