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Applications of Systems Thinking and Soft Operations Research in Managing Complexity pp 269–290Cite as

Soft Social Systems and Shocks: An Experiment with an Agent Based Model

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Abstract

In this chapter, we will elaborate on the challenge of uncertainty emerging from increasing complexity and how to deal with that in decision making. We will present an example of a decision making tool that supports the analysis of the potential futures and provides a decision maker with an idea of the proper actions to be taken.

The word reality can never mean anything more than the mental model of the user of that word.

Meadows 2005, p 132.

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Notes

  1. 1.

    http://www.economist.com/news/leaders/21591174-25-years-blackrock-has-become-worlds-biggest-investor-its-dominance-problem.

  2. 2.

    http://www.eia.gov/forecasts/aeo/pdf/0383%282014%29.pdf.

  3. 3.

    www.blackrock.com: The company started with a different brand, Blackstone in 1988 and reached its current structure in 2005–2006.

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Authors and Affiliations

  1. International Institute for Applied Systems Analysis (IIASA), Global X Network (GXN), Vienna, Austria

    Leena Ilmola & Nikita Strelkovsky

Authors
  1. Leena Ilmola
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  2. Nikita Strelkovsky
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Correspondence to Leena Ilmola .

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Editors and Affiliations

  1. Centre for Security Science, Ottawa, Ontario, Canada

    Anthony J. Masys

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Ilmola, L., Strelkovsky, N. (2016). Soft Social Systems and Shocks: An Experiment with an Agent Based Model. In: Masys, A. (eds) Applications of Systems Thinking and Soft Operations Research in Managing Complexity. Advanced Sciences and Technologies for Security Applications. Springer, Cham. https://doi.org/10.1007/978-3-319-21106-0_12

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