Submitted by VINBot on Thu, 2019-11-14 10:43
- None.” The teacher says, “You don’t know how to count!” The boy says, “No, you don’t know sheep!”
Enter complex system models.
- They study the real world as it is, removing the ceteris paribus assumptions that plague traditional economics and finance models.
- In other words, rather than treating the economy as a linear, well-defined system, complexity economics looks at it as a living organism.