System dynamics, uncertainty and hydrocarbon resources modelling: A systematic review

Koul, Saroj; Falebita, Oluwabunmi A.; Akinbami, John-Felix K.; Akarakiri, Joshua B.

doi:10.1016/j.rser.2015.12.088

Cited by 16 publications

(6 citation statements)

References 27 publications

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“…System dynamics (SD) takes the systems thinking approach further towards numerical modeling and dynamic simulation of complex systems [ 31 ]. Since its emergence in the 1950s with the work of Jay Forrester [ 24 ], SD has since been applied to a wide range of topics, especially those dealing with long-term decision-making such as in natural resources modeling [ 32 , 33 , 34 ]. Local stakeholders were originally consulted as data providers, but they are now more and more involved in the modeling process as system designers [ 35 ].…”

Section: Methodsmentioning

confidence: 99%

Stakeholders Opinions on Multi-Use Deep Water Offshore Platform in Hsiao-Liu-Chiu, Taiwan

Sie

Château

Chang

et al. 2018

IJERPH

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This paper describes a group model building activity designed to elicit the potential effects a projected multi-use deep water offshore platform may have on its local environment, including ecological and socio-economic issues. As such a platform is proposed for construction around the island of Hsiao-Liu-Chiu, Taiwan, we organized several meetings with the local stakeholders and structured the debates using group modeling methods to promote consensus. During the process, the participants iteratively built and revised a causal-loop diagram that summarizes their opinions. Overall, local stakeholders concluded that a multi-use deep water offshore marine platform might have beneficial effects for Hsiao-Liu-Chiu because more tourists and fish could be attracted by the structure, but they also raised some potential problems regarding the law in Taiwan and the design of the offshore platform, especially its resistance to extreme weather. We report the method used and the main results and insights gained during the process.

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Section: Methodsmentioning

confidence: 99%

Stakeholders Opinions on Multi-Use Deep Water Offshore Platform in Hsiao-Liu-Chiu, Taiwan

Sie

Château

Chang

et al. 2018

IJERPH

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“…Most classic literature on uncertainty in decision making concentrates on two limitations. One is knowledge limitation regarding the situation [3,[14][15][16][17][18] such as lack of understanding of the nature of uncertainty state, limited knowledge about the past, the current, and the future situation. And the other one is knowledge limitation about the available options [12,19], such as the inability to select suitable choices, the inability to see the effects of particular choices, and the inability to rank the choices according to preferences.…”

Section: Uncertainty Concepts and Definitionsmentioning

confidence: 99%

Overviews of Uncertainty: Concepts, Categories and Coping Strategies in Decision Making

Ibrahim¹,

Kadir²,

Daniyal³

et al. 2021

Proceedings of International Conference on Emerging Technologies and Intelligent Systems

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Uncertainty is not a new issue in decision making. A wrong decision made of a lack of certainty is every decision maker's nightmare. Although uncertainty is broadly discussed in academic literature, uncertainty has been defined in many definitions, terms and conceptions. Some of the terms often overlap with similar terms from different perspectives. In the light of this, this paper takes the opportunity to explain uncertainty under 3 C's perspectives; the Concept, the Categories and the Coping Strategies. An overview of uncertainty concepts provides the basis for understanding how it is defined from a particular perspective related to decision support for decision making. The categories of uncertainty are explained based on their characterisation to provide a better understanding. Since there is no fixed way to treat uncertainty, this study takes the opportunity to compile the possible coping strategies in handling uncertainty. As an outcome, the contributions of this study come in two ways. First, this paper provides insights on uncertainty concepts and uncertainty categories that are worthy of being reflected in decision support for decision-making research domains. Second, this paper provides solutions and ideas for potential mix-and-match coping strategies that might be helpful in dealing with uncertainty in decision-making.

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“…Forrester, 1961), with SD used as a modeling and simulation method within the field of industrial management. According to Kok (2009: 123), SD "is an umbrella term for all approaches aiming to understand the behaviour of complex systems over time", which were developed to support and improve decision-making processes (Sterman, 2002;Koul et al, 2016;Fontoura et al, 2019).…”

Section: System Dynamicsmentioning

confidence: 99%

Analyzing determinants of environmental conduct in small and medium-sized enterprises: A sociotechnical approach

Fonseca

Ferreira

Pereira

et al. 2020

Journal of Cleaner Production

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System dynamics, uncertainty and hydrocarbon resources modelling: A systematic review

Cited by 16 publications

References 27 publications

Stakeholders Opinions on Multi-Use Deep Water Offshore Platform in Hsiao-Liu-Chiu, Taiwan

Stakeholders Opinions on Multi-Use Deep Water Offshore Platform in Hsiao-Liu-Chiu, Taiwan

Overviews of Uncertainty: Concepts, Categories and Coping Strategies in Decision Making

Analyzing determinants of environmental conduct in small and medium-sized enterprises: A sociotechnical approach

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