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Modeling Steps

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While there are numerous descriptions of the steps or process one should follow for developing a model a very succinct one is provided by Ford [2009] and is described as follows.

A is for Acquainted Get acquainted with the system and the problem.
B is for Be Specific Be specific about the dynamic problem.
C is for Construct Construct the stock-and-flow diagram.
D is for Draw Draw the causal loop diagram.
E is for Estimate Estimate the parameter values.
R is for Run Run the model to get the reference mode.
S is for Sensitivity Conduct a sensitivity analysis.
T is for Test Test the impact of policies.

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