Feedback Loop
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What is “Feedback Loop”?
“Systems of information-feedback control are fundamental to all life and human endeavor… Everything we do as individuals, as an industry, or as a society is done in the context of an information-feedback system.” — Jay W. Forrester, systems theorist and professor at MIT
Key Points:
- Feedback Loop exists in a system when an output becomes the input in the next cycle.
- Balancing Loops dampen system’s outputs with each cycle. Think of a tennis ball, and how it loses height with each bounce until it stays still.
- Reinforcing Loops amplify the system’s output with each cycle. Think of interest payments: each cycle makes the next payment even bigger, resulting in more interest, over and over again.
- There are Feedback Loops everywhere, and it’s critical to notice them to appreciate a system’s complexity.
Questions for Consideration:
- What feedback loops exist in the system you’re examining?
- Which stocks and flows are they affecting?
- Are they reinforcing loops or balancing loops?
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