Islamic Economics in a Complex World: Explorations in Agent-based Simulation (Research Paper)

This paper suggests that complexity theory provides an alternative paradigm to the Neoclassical framework widely adopted in economic studies. It states that the new paradigm calls for a different methodology than the one used by the mainstream: agent-based simulation allows for exploring rich and highly complex problems in an intuitive and systematic manner.

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Year of publication:	2008
Authors:	Al-Suwailem, Sami Ibrahim
Institutions:	Islamic Research and Training Institute (IRTI), Islamic Development Bank
Subject:	Islamic Economics \| Agent-based Simulation

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Extent:	application/pdf
Series:	Occasional Papers.
Type of publication:	Book / Working Paper
Notes:	eBook or Printed Copy can be order from IRTI website. Readers are requested to search the "title" of paper under publications page on IRTI website. http://www.irti.org/English/Pages/Publications.aspx The text is part of a series Occasional Papers The price is $5/$10 Number 238 151 pages
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011170503