Metaphorical Models for Limits to Growth and Industrialization

Autor:	John D. W. Morecroft
Rok vydání:	2012
Předmět:	Value (ethics) Information Systems and Management Industrial society Metaphor Strategy and Management media_common.quotation_subject General Social Sciences Neoclassical economics Investment policy Bounded rationality System dynamics Epistemology Industrialisation Sustainability Economics media_common
Zdroj:	Systems Research and Behavioral Science. 29:645-666
ISSN:	1092-7026
DOI:	10.1002/sres.2143
Popis:	In this paper, I present two system dynamics models and simulators to explore sustainability and limits to growth in industrial society. I first describe a small model of the fishing industry. I then use the same model as a metaphor to think about global growth and industrialization and to interpret the closed-loop feedback structure and dynamics of Jay Forrester's World Dynamics model. This famously concise (yet dynamically intricate) model represents an industrial society whose growth is eventually curtailed. My approach with both models is to investigate the feedback structure surrounding investment policy. Building on this material, I examine the value of metaphorical models for interpreting puzzling phenomena in business and society. Finally, I discuss generic coordination problems in managing the growth of firms, industries and society. Copyright © 2012 John Wiley & Sons, Ltd.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::5ac2b3832a1706d33638d95e3871767a https://doi.org/10.1002/sres.2143 Zobrazit plný text záznamu Plný text ve formátu PDF Plný text ve formátu HTML
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