Complexity Economics Articles
Economic Degree Distribution
Economic Degree Distribution Degree distribution tries to capture the disparity between nodes that have a very high degree of connections […]...
Economic Network Dynamics
Economic Network Dynamics Economic network dynamics is the study of how economic systems change over time through the analysis of […]...
Economic Network Structure
Economic Network Structure Economic network structure refers to the overall makeup or topology of an economic system’s network of relations. Many […]...
Economic Network Theory
Economic Network Theory Economic network theory is an emerging field of research that applies models from network science to the […]...
Evolutionary Economics
Evolutionary Economics Evolutionary economics is a paradigm of economic development that is focused on the internal dynamics through which a […]...
Economic Fitness Landscape
Economic Fitness Landscape A fitness landscape – also called an adaptive landscape – is a three-dimensional state space used to […]...
Economic Resilience
Economic Resilience Economic resilience is the capacity for an economic organization to recover from, adjust to, or maintain functionality in […]...
Economic Regulatory Systems
Economic Regulatory Systems An economic regulatory system is an approach to managing or regulating an economy. In this article, we […]...
Economic Self-Organization
Economic Self-Organization Self-organization is the emergence of a globally coherent pattern of organization out of the local interactions between initially […]...
Nonlinear Economic Dynamics
Nonlinear Economic Dynamics Processes of economic development may be defined as being linear or nonlinear. Linear processes of development are […]...
Economic Feedback Loops
Economic Feedback Loops How complex systems like businesses and economies change over time is studied within the domain of system […]...
Economic Systems Dynamics
Economic Systems Dynamics How economies develop over time is a very complex issue that has continued to evade our true […]...
Economic Theory Overview
In this video we will be firstly talking about what theories and paradigms are and providing a little insight to their basic workings before moving on to define this subject that we call...
Foundations of Economic Theory
In this paper, we outline some of the major considerations involved in the study of economics, including trying to understand the logic behind the decision making of agents, theories of economic...
The Workings of Standard Economic Theory
In this paper, we will be taking a brief overview of the internal workings of standard economic theory. We talk about how it is a framework that applies linear systems theory to economic analysis....
The Rise of Economic Complexity
Here we will give an overview to some of the most salient factors transforming our economies to illustrate how they are leading to an ongoing transformation in the structural complexity of the...
Modeling Economic Agents
In this paper, we will be exploring two different models given for agents within an economic context. We will talk about how standard economics offers this model of the rational individual...
Behavioral Choice Theory
Economics is often interpreted as the study of how people make choices in the allocation of their resources. Microeconomics hinges on this process through which agents come to make decisions and...
Bounded Rationality
In this paper, we will be giving a short overview of the ideas of rationality and bounded rationality as they apply to the decision making of economic agents....
Incentive Theory Revisited
The study of incentives is one of the central topics in microeconomics – incentives to work hard, to produce quality products, to study, to invest, to save, etc....
Rethinking Value Theory
Value theory lies at the heart of economics. Behind every production process, every exchange of goods, every purchase, every choice agents make, is the concept of value - value is the essence of...
Intrinsic Value
Value theory within economics represents all theories that try to define what economic value is, where it comes from, why goods and services are priced the way they are and how to calculate some...
Incentive Systems
The study of incentives is one of the central topics in microeconomics - incentives to work hard, to produce quality products, to study, to invest, to save, etc. How to design institutions that...
Economic Networks
Over the past few decades with the rise of information technology and globalization, the global economy has become networked on many different levels. Both its technological infrastructure and...
Complexity Economics
Complexity economics is an alternative paradigm within economic science based upon complexity theory and nonlinear models. Within this theoretical framework the economy is modeled as an open...
Evolutionary Economics
Evolutionary economics is an alternative paradigm to economic development that is focused on the internal dynamics through which the macroeconomy generates novel phenomena and changes over time...
Economic Self-Organization
Self-organization is the emergence of a globally coherent pattern of organization out of the local interactions between initially independent components. It is in many ways very much...
Behavioral Economics
Behavioral economics is an approach to microeconomics that uses experiments to determine how agents make choices within an economic context, it studies the effects of psychological, social,...
Path Dependency
The concept of Path Dependence is used to capture the way in which small, historical contingent events can set off self-reinforcing mechanisms and processes that “lock-in” particular pathways of...