One important aspect of sustainable societies is the efficient use of resources. The consideration of resource efficiency aspects when designing business models such as product service systems (PSS) allows incentivizing such efficiency increases in business relationships. Particularly PSS are...

This paper provides a review on modeling electricity markets with System Dynamics (SD) focusing on deregulated electricity market models. First the SD method is classified within the wide field of electricity market modeling. Then all distinctive properties of the SD method in this context are...