Abstract for: Planned meeting of new SIG 'Asset Dynamics'
As system dynamic practitioners we are active in the world of Asset Management where complex capital systems define multiple performances and were different actors continuously balance cost, risk and quality-levels. We have noticed that on individual and incidental level good work is done based on system dynamics to better understand the dynamics of those complex capital systems including the behavior of different actors that are involved in the decision making, but that a platform is needed to share knowledge to proceed in building the body of knowledge on the crossing of system dynamics and asset management: Asset Dynamics. It is a real new field of application of system dynamics where a integral, life cycle approach will help to make better decisions in public and private domain.