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PublicationModelling of the Economic Crisis: Did We Learn the Lesson?The current economic crisis could deliver valuable lessons for economic agents. However, it seems that those have not learned essential lessons, continuing their "business as usual". A dynamic simulation model presented in this chapter highlights that this is likely to lead to the next crunch in the offing. Even before we have mastered this crisis the next one is already looming. Does prevention have a chance? How can it be achieved?Type: presentation
PublicationModel-based Management (MBM): A Research AgendaThe paper's aim is to highlight the importance of qualitative and quantitative models for management and to propose a research agenda for the topic of model-based management. This way, a contribution to the use of models for higher managerial effectiveness should be made. The role of models for managerial purposes has been under-researched and often misunderstood. In this paper, an analysis of the concept, role and function of models in the context of management and organization is undertaken. Both theory and practice can benefit from the envisaged research.Type: presentation
PublicationModel Validation: Philosophy and MethodsBuilding better models is crucial for coping with complexity in general, and for the management of organizations in particular. This paper discusses the epistemological aspects of model validation for the achivement of high-quality models. Then it provides an overview of validation methods. The logic of validation is demonstrated by introducing the Structural Dominance Test as a means for testing the correspondence of the structural dominance between model and reality.Type: presentation
PublicationDynamics of Social Norms: Analysis of Norm Diffusion in SocietiesThe presentation show the progress in research about norm formation in general, i.e., in society, in a company, or in a group. The research conduted tries to shed light on the question: how are norms formulated and how do they evolve over time? Furthermore, what policies should when be taken in order to steer the system towards a 'good' development? This presentation is about an undergoning research project. Final results will not be provided.Type: presentation