"What do you think have been the 5 or 10 greatest substantive contributions (i.e. not just discussions of methodology) of complex systems theory to economics so far?"An excellent question! For those readers of this blog (if there are any at this point) who are not familiar with/sceptical of the complex systems approach to economics, these 5-10 greatest hits will serve as a nice anchor/point of departure.
This post will be a work in progress...to get things started, I would like to direct your attention to a nice slide deck on Agent-Based Computational Economics (ACE) by Leigh Tesfatsion at Iowa State. I am going to try to avoid commenting further on methodological issues, but the majority of the results that I will discuss will likely use some form of agent-based modelling, so it is worthwhile to have some knowledge of these methods. For those interested in a deeper discussion of ACE, I would refer you here.
No comments:
Post a Comment