Modeling studies were performed to investigate how persulfate‐initiated nitroxide‐mediated styrene miniemulsion polymerizations are influenced by changes to the polymerization recipe. By manipulating the initial concentrations of potassium persulfate and nitroxide, and the aqueous phase volume, trends in the predicted polymerization time, number average molecular weight, polydispersity and degree of polymer livingness were identified that indicate operating conditions for improved process performance. Specifically, our model predicts the existence of experimental conditions that simultaneously minimize polymer polydispersity and maximize the livingness of the polymer. The mechanisms responsible for the predicted trends were identified from the predicted molecular weight distributions of the living and dead polymer chains.