What are “complex systems” in this context? These are noncomputer systems, such as a company’s supply chain. A system is “complex” when it has so many variables and interacting forces that it can’t be ...
Agent-based modelling (ABM) has emerged as a pivotal tool in macroeconomics and economic policy analysis. By simulating the interactions of numerous heterogeneous agents — such as households, firms, ...
Finance theory continues to develop beyond the traditional academic precincts of rational expectations and efficient markets, with the latest innovations coming from psychology, neuroscience and ...
Uri Wilensky of Northwestern University’s Center for Connected Learning and Computer-Based Modeling Department observed the world has a variety of natural or emergent phenomena consisting of patterns, ...
Achieving sustainability requires a sophisticated understanding of continuously evolving resource, production, and consumption systems that make up society's relationship to nature. In a special new ...
A thorough analysis of risks in the banking system requires incorporating banks’ inherent heterogeneity and adaptive behavior in response to shocks and changes in business conditions and the ...
DUBLIN--(BUSINESS WIRE)--The "Adaptive AI Market - Forecasts from 2024 to 2029" report has been added to ResearchAndMarkets.com's offering. The Adaptive AI market is estimated to grow at a CAGR of ...