Ruchika Tulshyan, News Editor
11th December 2007

Dr. David C. Lane, an LSE academic in Managerial Economics and Strategy and Operational Research at the has been awarded the 2007 Jay Wright Forrester Award. The award is the top international award in his field.

The award was jointly presented to co-researcher, Elke Husemann by the System Dynamics Society for the ‘Best Contribution to the Field of System Dynamics in the Preceding Five Years.’

Their work explores the underlying social theory of the system dynamics approach with the threefold aim of: developing a more rigorous statement of the field’s social theoretic grounding; positioning system dynamics within the broader domain of systems approaches; and improving the contribution that system dynamics can make to research within the broad range of social sciences.

The announcement of the award was made at the 2007 international conference of the System Dynamics Society, hosted by the Massachusetts Institute of Technology (MIT) in Boston.

Dr. Lane said: “I am extremely grateful for this honour. Increased awareness of system dynamics modelling is important because the approach has so much to offer policy makers – in the corporate sector and the public sector.”
He teaches Masters degrees in Management and Strategy, Management and Economics, Operational Research and Decision Sciences and the Bachelors degree in Management Sciences at LSE.

Dr. Lane is a an academic governor of the School. In 2005 he received an LSE award for outstanding performance and innovation in teaching.