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Ricardo Hausmann & J. Doyne Farmer on Evolving Technologies & Market Ecologies (EPE 03)

COMPLEXITY

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How to Couple the Occupation of Mobility and the Production Network in the Economy

Economy can be thought about in terms of these networks, and the networks are coupled together. If you want to do ab and you don't have the right talent, you can't get there. And i think one of the big contributions complex systems is starting to make is helping us build agent base models for how they function. So that we can really start to think about how the economy really works.

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