Jay Wright Forrester. Jay Wright Forrester (born July 14, 1918) is a pioneer American computer engineer, systems scientist and was a professor at the MIT Sloan School of Management.
Forrester is known as the founder of System Dynamics, which deals with the simulation of interactions between objects in dynamic systems. Biography[edit] Forrester was born on a farm near Anselmo, Nebraska, where "his early interest in electricity was spurred, perhaps, by the fact that the ranch had none. While in high school, he built a wind-driven, 12-volt electrical system using old car parts -- it gave the ranch its first electric power.
System Dynamics: System dynamics. Dynamic stock and flow diagram of model New product adoption (model from article by John Sterman 2001) System dynamics is an approach to understanding the behaviour of complex systems over time.
It deals with internal feedback loops and time delays that affect the behaviour of the entire system.[1] What makes using system dynamics different from other approaches to studying complex systems is the use of feedback loops and stocks and flows. These elements help describe how even seemingly simple systems display baffling nonlinearity.
Overview[edit] System dynamics (SD) is a methodology and mathematical modeling technique for framing, understanding, and discussing complex issues and problems.