A Machine Learning Approach to Policy Optimization in System Dynamics Models

A Machine Learning Approach to Policy Optimization in System Dynamics Models

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Article ID: iaor201113166
Volume: 28
Issue: 4
Start Page Number: 369
End Page Number: 390
Publication Date: Jul 2011
Journal: Systems Research and Behavioral Science
Authors: , ,
Keywords: systems, heuristics, networks, simulation, simulation: applications
Abstract:

The paper proposes a policy design method for system dynamics models based on recurrent neural networks. A policy maker first directly creates an arbitrary desired reference mode and run the algorithm to search for the most appropriate model(s) automatically to fit it. In the searching process, both the system structure and its parameter values evolve simultaneously. Several experiments are conducted to evaluate our approach. The results show that our approach is as good as or better than other comparable methods.

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