Designing a Dynamic Model to Analyze Social Capital with System Dynamics Approach

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Faghfouri Azar Amin; Bakouie Fatemeh; MAHDAVI ADELI MOHAMMAD HOSSEIN; RADFAR REZA; AFSHAR KAZEMI MOHAMMAD ALI

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Journal: Social capital Management Year:2020 | Volume:6 | Issue:4 Page(s): 445-473

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Title

Designing a Dynamic Model to Analyze Social Capital with System Dynamics Approach

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Keywords

Social capital

Trust

Social norms

Network

System dynamics

Abstract

The main goal of this study is to analyze the complex and dynamic behavior of influential participants in the process of Social capital. Considering the complex nature of human relations, this study seeks to describe the mechanisms of Trust Networks and normalization as sub-systems of Social capital and their mutual relations, their effects on economic and social systems, and the way they bring about profitability. By taking account of the theoretical framework developed by nine experts in this field and through Fuzzy Analytical Network Process and combining it with system dynamic methodology, three sub-systems were designed. Using Venism software, a general model was simulated in which the behavior of these mechanisms could be analyzed in different situations. Considering the structure of the model and the behavior of the systems, and analyzing the sensitivity level of proposed policies, one could map optimistic, pessimistic and normal scenarios based on the proposed eightfold policies. Finally, a comparison of the most likely scenario with the current state of affairs and the initial state of the actual system allowed us to select the optimal policy for the implementation of long term changes.

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APA: Copy

Faghfouri Azar, Amin, Bakouie, Fatemeh, MAHDAVI ADELI, MOHAMMAD HOSSEIN, RADFAR, REZA, & AFSHAR KAZEMI, MOHAMMAD ALI. (2020). Designing a Dynamic Model to Analyze Social Capital with System Dynamics Approach. SOCIAL CAPITAL MANAGEMENT, 6(4 ), 445-473. SID. https://sid.ir/paper/400344/en

Vancouver: Copy

Faghfouri Azar Amin, Bakouie Fatemeh, MAHDAVI ADELI MOHAMMAD HOSSEIN, RADFAR REZA, AFSHAR KAZEMI MOHAMMAD ALI. Designing a Dynamic Model to Analyze Social Capital with System Dynamics Approach. SOCIAL CAPITAL MANAGEMENT[Internet]. 2020;6(4 ):445-473. Available from: https://sid.ir/paper/400344/en

IEEE: Copy

Amin Faghfouri Azar, Fatemeh Bakouie, MOHAMMAD HOSSEIN MAHDAVI ADELI, REZA RADFAR, and MOHAMMAD ALI AFSHAR KAZEMI, “Designing a Dynamic Model to Analyze Social Capital with System Dynamics Approach,” SOCIAL CAPITAL MANAGEMENT, vol. 6, no. 4 , pp. 445–473, 2020, [Online]. Available: https://sid.ir/paper/400344/en

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