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There is considerable discussion on the so-called “mainstream pluralism”, which stems from the growth and coexistence of new research programs in economics that significantly deviate from the neoclassical core. Other disciplines have actively contributed to the birth of such programs, that...
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My analysis focuses on two main observations. First, many competing schools of thoughts are currently present in economics with no predominant paradigm. We are experiencing an era of pluralism (Davis J Econ Methodol 14(3):275–290, <CitationRef CitationID="CR24">2007</CitationRef>, Camb J Econ 32:249–366, <CitationRef CitationID="CR25">2008</CitationRef>; Colander <CitationRef CitationID="CR19">2000</CitationRef>; Colander...</citationref></citationref></citationref>
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An important perspective use of Agent-based models (ABMs) is that of being employed as tools to support decision systems in policy-making, in the complex systems framework. Such models can be usefully employed at two different levels: to help in deciding (policy-maker level) and to empower the...
Persistent link: https://www.econbiz.de/10011162534
There is considerable discussion on the so-called “mainstream pluralism”, which stems from the growth and coexistence of new research programs in economics that significantly deviate from the neoclassical core. Other disciplines have actively contributed to the birth of such programs, that...
Persistent link: https://www.econbiz.de/10011185184
The complexity approach to economics largely originated from the «Santa Fe Perspective»: the view of a group of scientists working in the Economics Program (1988- 2004) at the Santa Fe Institute for the Study of Complex Systems (hereafter sfi).1 This paper tells the story of the Santa Fe...
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