Tag: System Dynamics
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POSIWID – The Purpose Of a System Is What It Does
POSIWID, or “The Purpose Of a System Is What It Does,” posits that a system’s real purpose is evident through its outcomes, not its intended goals. This principle, applicable in various domains, emphasizes examining actual results to gain insights into system functionality and inform improvement strategies.
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Critical Mass
Originating from nuclear physics, “Critical Mass” represents key thresholds across disciplines, encompassing economic viability, societal trends, and biological sustainability, signifying transformative junctures.
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Ergodicity
Originating in thermodynamics, the concept of ergodicity posits that systems, over extended periods, equally traverse every possible state. Beyond its foundational role in physics, ergodicity impacts disciplines from mathematics to economics, shaping understanding of prolonged system dynamics.
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Causal Inference
Causal inference provides a framework for deducing the relationship between cause and effect using empirical data. It employs a variety of rigorous methods to ensure the validity of its findings, making it indispensable in fields such as policy evaluation, economics, and healthcare.