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can think of a method as a type of language or a sort of "terms and conditions" for model building.
There are three methods: • System Dynamics • Discrete Event Modeling • Agent Based Modeling Each
method serves a specific range of abstraction levels. System dynamics assumes very high abstraction,
and it’s typically used for strategic modeling. Discrete event modeling supports medium and medium-
low abstraction. In the middle are agent based models, which can vary from very detailed models where
agents represent physical objects to the highly
System dynamics: model the system as a casually closed structure that defines its own behavior. •
Discover the system's feedback loops (circular causality) balancing or reinforcing. Feedback loops are the
heart of system dynamics
ABSTRACTION- includes the process of mapping the problem from the real world to its model in the
world of models, – the process of abstraction