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Complexity Economics

7.6K views
Nov 1, 2015
21:48

Take the full course on our site here: https://www.systemsinnovation.network/posts/start-learning-complexity-economics In this video we give a brief overview to complexity economics, a modelling framework that sees the the economy as an open system, composed of heterogeneous agents with bounded rationality making choices within a particular context, which gives rise to networks of interactions that we call institutions and a macro level non-equilibrium to the economy that is in constant change driven by internal dynamics.

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