"A set of elements or parts that is coherently organized and inter-connected in a pattern or structure that produces a characteristic set of behaviors, often classified as its function or purpose"
Systems
Not just a sum of parts
Interconnections operates through information-flow
Function or purpose are the most crucial determinants of the system's behavior
System structure induce system's behavior
Systems: stocks and flows
Stock acts as buffer, introducing delays in system's behaviors, it decouple inflows and outflows.
Balancing feedback loops
Tend to dynamic equilibrium
Reinforcing feedback loops
If there is no balancing loop to compensate, system growth exponentially until it collapses.
Feedback loops
A feedback loop can only influence the future behabior of a system
System's behavior depends on feedback loops strengths
Delays in balancing feedbacks makes the system oscillate
Changing delays length may change system's behavior