A. Škraba, M. Kljajić (Slovenia), and C.A. Legna Verna (Spain)
system dynamics, simulation, strategic decisions, development
Present paper deals with system dynamics model for decision-making, related to strategic decisions for the development of the Canary Islands. The quantitative model incorporates relevant variables, which affect the sustainable development of the quality of life on the Canary Islands. Following sub-models were considered: Population, Tourism market, Agriculture, Environment, and GDP. Program package Powersim was used to build the simulation model. Several strategic scenarios are described and their dynamic response was analyzed. At the present the model is in phase of validation. Initial results are promising according to the positive validation results.
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