Abstract for: System Dynamics and Laboratory Experiments
This paper is a review of research on the application of laboratory methods to System Dynamics (SD). Although laboratory methods have been used in psychology for many years, our review focuses on the laboratory experiments developed from the experimental economics field and on their contributions to SD and the management sciences. In particular, we examine the use of experimental methods for estimating the decisions used by SD models, and the intersection of SD and laboratory experiments in theory testing and theory building.