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Using Complex Networks to Characterize International Business Cycles
Background There is a rapidly expanding literature on the application of complex networks in economics that focused mostly on stock markets. In this paper, we discuss an application of complex networks...
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Science in a Complex World: A small group of Santa Fe researchers changed...
Economics is a stately subject, prim and respectable, one that’s altered little since its modern foundations were laid in Victorian times. Now it is changing rapidly, thanks to the work of a small...
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International Student Initiative For Pluralism in Economics
It is not only the world economy that is in crisis. The teaching of economics is in crisis too, and this crisis has consequences far beyond the university walls. What is taught shapes the minds of the...
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The Microeconomics of Complex Economies - Evolutionary, Institutional, and...
by Wolfram Elsner, Torsten Heinrich, Henning Schwardt The Microeconomics of Complex Economies uses game theory, modeling approaches, formal techniques, and computer simulations to teach useful,...
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Exploring the rise and fall of human societies
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The sharing economy: promise and tension
For proponents of the “sharing economy” or of “collaborative consumption”, owning a car that spends more than 92% of its time parked is nothing more than an under-utilisationSee it on Scoop.it, via...
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Complexity in Economics: Cutting Edge Research (New Economic Windows): Marisa...
Complexity in Economics: Cutting Edge Research (New Economic Windows) [Marisa Faggini, Anna Parziale] on Amazon.com. *FREE* shipping on qualifying offers. In this book, leading experts discuss...
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Rationality in collective decision-making by ant colonies
Economic models of animal behaviour assume that decision-makers are rational, meaning that they assess options according to intrinsic fitness value and not by comparison with available alternatives....
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[1407.7447] Study of a model for the distribution of wealth
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An evolutionary, ecosystem view of economies
To understand market perturbations like crashes and bubbles, SFI Distinguished Professor Geoffrey West and three co-authors advocate a revised view that treats an economy like biologists would think...
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Lost in the City: Revisiting Milgram's Experiment in the Age of Social Networks
As more and more users access social network services from smart devices with GPS receivers, the available amount of geo-tagged information makes repeating classical experiments possible on global...
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Which famous economist are you most similar to?
Which famous economist are you most similar to? To find out, answer the questions below and watch your dot move around the graph. Click on blue circles to see economist webpages. Click on questions to...
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[1412.1875] Statistical Physics of Adaptation
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Economic complexity: A different way to look at the economy
By W. Brian Arthur; External Professor, Santa Fe Institute; Visiting Researcher, Palo Alto Research Center. Economics is a stately subject, one that has altered little since its modern foundations were...
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A planet of suburbs
THIRTY kilometres south of central Chennai, just out of earshot of the honking, hand-painted lorries roaring up Old Mahabalipuram Road, you seem to have reached rural India. The earth road buckles and...
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On the Complexity and Behaviour of Cryptocurrencies Compared to Other Markets
We show that the behaviour of Bitcoin has interesting similarities to stock and precious metal markets, such as gold and silver. We report that whilst Litecoin, the second largest cryptocurrency,...
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Natural gas: The fracking fallacy
The United States is banking on decades of abundant natural gas to power its economic resurgence. That may be wishful thinking.See it on Scoop.it, via Economia y sistemas complejos
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Global Economic Growth: All Productivity, All The Time
The growth of an economy can be divided into two parts: growth of population, and growth of output per person, which is commonly known as "productivity." The McKinsey Global Institute looks at these...
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Big Data: The Key Vocabulary Everyone Should Understand
The field of Big Data requires more clarity and I am a big fan of simple explanations. This is why I have attempted to provide simple explanations for some of the most important technologies and terms...
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The Atlas of Economic Complexity
Networks in Macro Economics with World Trade DataSee it on Scoop.it, via Economia y sistemas complejos
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Non-Equilibrium Social Science and the Regeneration of Local Economies
NESS held a workshop on this theme with local policy makers in Rochdale, a borough in Greater Manchester. John Blundell is an elected local councillor and is Deputy Chairman of the Economic...
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Growth
Global economic growth was exceptionally rapid in the past half century. This series examines the importance of maintaining strong growth and where countries and companies can find it.See it on...
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Punishment Mechanisms and Their Effect on Cooperation: A Simulation Study
In social dilemmas punishment costs resources, not just from the one who is punished but often also from the punisher and society. Reciprocity on the other side is known to lead to cooperation without...
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Data Mining Reveals A Global Link Between Corruption and Wealth
One question that social scientists and economists have long puzzled over is how corruption arises in different cultures and why it is more prevalent in some countries than others. But it has always...
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The Heterogeneous Dynamics of Economic Complexity
What will be the growth of the Gross Domestic Product (GDP) or the competitiveness of China, United States, and Vietnam in the next 3, 5 or 10 years? Despite this kind of questions has a large...
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Physicists make 'weather forecasts' for economies
The development of some countries is as predictable as steady winds, but for others it is more chaotic, physicists find.See it on Scoop.it, via Economia y sistemas complejos
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Why Information Grows: The Evolution of Order, from Atoms to Economies: Cesar...
Why Information Grows: The Evolution of Order, from Atoms to Economies [Cesar Hidalgo] on Amazon.com. *FREE* shipping on qualifying offers. What is economic growth? And why, historically, has it...
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Data Mining Reveals a Global Link Between Corruption and Wealth
Social scientists have never understood why some countries are more corrupt than others. But the first study that links corruption with wealth could help change that.See it on Scoop.it, via Economia y...
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MIT-Singapore design center creates free software tool to analyze cities as...
Network analysis — the mathematical analysis of relationships between elements or actors in a complex system — has become popular among transportation planners and spatial analysts, but its use remains...
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Economic reasoning and artificial intelligence
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