
Chaos and Complexity Economics (with J. Doyne Farmer)
EconTalk
Intro
This chapter explores the application of complex systems science to economics, contrasting it with traditional models based on utility maximization. It sets the stage for a dynamic perspective on economic behaviors and systems through simulation-based approaches.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.