The faculty of the MIT System Dynamics group research how modeling and simulations can be applied to business, economics, decision decision-making, organizational sciences, policy-making.
School of Management Distinguished Professor of System Dynamics and Organization Studies, Professor, System Dynamics
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Online interface simulates 100 years of energy, land and climate data in less than one second to identify solutions to limit warming to within 2 degrees Celsius by 2100
Jay W. Forrester Professor of Management, Professor, System Dynamics and Engineering Systems
The Project Management Simulation is a realistic, interactive system dynamics “management flight simulator” in which participants play the role of project managers for a complex project.
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In late January, Brazil launched the RendA+ treasury bond instrument, a new retirement security adapted from the work of School of Management Distinguished Professor of Finance and Nobel Prize in Economics laureate Robert C. Merton, PhD ’70, and Arun Muralidhar, PhD ’92.
The Beer Distribution Game, one of the oldest and most widely used management simulations, is now available online as an interactive multiplayer websim.
