Complexity Economics

    The Institute supports the exploration of Agent Based Modeling and Complexity Economics as approaches to understanding economic policy. These approaches simulate the behavior and interactions of economic agents to evaluate the effects on the economy as a whole.

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    The Four Horsemen of the Econopocalypse

    If standard economic theory can’t explain a traffic jam, how can it cope with crises? Watch the video

    Taking Stock of Complexity Economics: Which Problems Does it Illuminate?

    Complexity economics represents a different vision of the economic process and has the capacity to illuminate different systems of behavior. Read more