A new book provides an overview of agent-based modeling (ABM) and multi-agent systems (MAS), emphasizing their significance in understanding complex economic systems. The book’s 14 chapters feature ...
Spatial epidemiology issues are outstandingly important, particularly the viral spread through populated areas is believed to be one of the major concerns. [1] The incidence and prevalence of ...
Finance theory continues to develop beyond the traditional academic precincts of rational expectations and efficient markets, with the latest innovations coming from psychology, neuroscience and ...
What are “complex systems” in this context? These are noncomputer systems, such as a company’s supply chain. A system is “complex” when it has so many variables and interacting forces that it can’t be ...