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Impact of Feedback Loop on Group Decision Process when Applying System Dynamics Simulators

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Operations Research Proceedings 2002

Part of the book series: Operations Research Proceedings 2002 ((ORP,volume 2002))

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Abstract

Influence of feedback information on group decision process supported by the application of system dynamics simulators is determined in present study. Experiment with decision groups was conducted under different experimental conditions: a 1) determination of business strategy without application of formal model, a 2) determination of the strategy with application of formal system dynamics model and a 3) determination of the strategy with additional application of the group feedback information. The hypothesis that model application and group feedback information positively influence the convergence of the decision process and yield higher values of criteria function was confirmed. Described group decision process was subsequently analyzed in order to determine its frequency and deviation.

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References

  1. Vennix, J. A. M. (1996) Group model building: facilitating team learning using system dynamics. Chichester Wiley

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  2. Hines, J., House, J. (2001) The source of poor policy. System Dynamics Review11,3–32

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  4. Skraba, A. (2000) Multicriteria Group Decision Making with System Dynamics Models. Doctoral Thesis. Kranj - SI,University of Maribor

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  5. Zeleny, M.(1982) Multiple Criteria Decision Making.New York Mc Graw-Hill

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Author information

Authors and Affiliations

  1. Faculty of Organizational Sciences, University of Maribor, Kidričeva cesta 55a, SI-4000, Kranj, Slovenia

    Andrej Škraba & Miroljub Kljajić

Authors
  1. Andrej Škraba
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  2. Miroljub Kljajić
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Editor information

Editors and Affiliations

  1. Institut für Statistik und Operations Research, Universität Graz, Universitätsstraße 15/E3, 8010, Graz, Austria

    Ulrike Leopold-Wildburger

  2. Institut für Mathematik, Universität Klagenfurt, 9020, Klagenfurt, Austria

    Franz Rendl

  3. Fakultät für Wirtschaftswissenschaften BWL VIII: Management Science, Otto-von-Guericke-Universität Magdeburg, 39016, Postfach 4120, Magdeburg, Germany

    Gerhard Wäscher

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© 2003 Springer-Verlag Berlin Heidelberg

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Škraba, A., Kljajić, M. (2003). Impact of Feedback Loop on Group Decision Process when Applying System Dynamics Simulators. In: Leopold-Wildburger, U., Rendl, F., Wäscher, G. (eds) Operations Research Proceedings 2002. Operations Research Proceedings 2002, vol 2002. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-55537-4_72

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  • DOI: https://doi.org/10.1007/978-3-642-55537-4_72

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-540-00387-8

  • Online ISBN: 978-3-642-55537-4

  • eBook Packages: Springer Book Archive

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