This paper provides a review on modeling electricity markets with System Dynamics (SD) focusing on deregulated electricity market models. First the SD method is classified within the wide field of electricity market modeling. Then all distinctive properties of the SD method in this context are elaborated. After an overview of first SD models in energy economics, a comprehensive review of models...

In this chapter, the authors discuss system dynamics (SD) as a research methodology in Information Systems (IS). The goal is to demonstrate the usefulness of SD methodology in research and its implementation in IS and management Information Systems (MIS). The authors briefly discuss the fundamentals of SD methodology models and causal loop diagrams (CLD) as well as model validation. The usefuln...

Effective waste management is critical to environmental sustainability and public health. Various dynamics, such as seasonal changes education programs, influence solid generation, increasing the complexity of prediction. This important, proper prediction quantity necessary develop a sustainable system. In this study, municipal (MSW) examined in Regina, capital city Saskatchewan, Canada. A syst...

The usefulness of simulation and enactment in business process modelling is explored by means of studying a simple process. Two roles with interactions (contacts), rework and choices collaborate in the production of a document (loan, policies, etc.) From its Role Activity Diagram (RADs), we construct models for Discrete Event (DE) and System Dynamics (SD) simulation and Process Enactment (PE) i...

The Beijing 2008 Olympics glamour presents a unique profit opportunity from advertising for entertainment and media firms worldwide. Poised to benefit from this prospect, the European Union Television Network (EUTV Net) formed a system dynamics (SD) modeling team to carve its ad traffic system during and around the Beijing 2008 Olympics. EUTV Net’s objective is to maximize monetary gains by mak...

In this contribution we have studied the dynamics of light harvesting of ZnO nanoparticles (NPs) to a surface adsorbed sensitizing dye (SD) N719. By using the picosecond resolved Förster resonance energy transfer (FRET) technique we have explored that the excited ZnO NPs resonantly transfer visible optical radiation to the SD N719. The consequence of the energy transfer on the performance of th...

This paper presents some comparative examples of the use of system dynamics (SD) for the modeling of electro-mechanical systems. The authors argue that many simulation models coming from sciences can be easily translated to SD, with a large number of advantages. The work has been developed in a multidisciplinary environment, where a lack of knowledge transfer between practitioners of these diff...