The leaders of the world are flying the economy by the seat of their pants, say J. Doyne Farmer and Duncan Foley. There is, however, a better way to help guide financial policies. In today's high-tech ...

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, ...

Decentralized finance (DeFi) has emerged as the flagship concept and use case for blockchain technology and cryptocurrency. DeFi is the use of smart contracts and other decentralized technologies to ...

We argue that our model of learning in alliances (Khanna, Gulati and Nohria, 1998) is an economic model of strategy process. We discuss implications of this view for the strategy process vs. content ...

The Nobel Memorial Prize in Economic Science was awarded today to two scholars who revolutionized the technique of statistically modeling national economies, stock markets, and other complex systems ...

This article appears in the April 2023 issue of The American Prospect magazine. Subscribe here. Economics is commonly described as the science of scarcity. We have limited resources, and we have to ...

BOSTON--(BUSINESS WIRE)--Policy Analysis Inc. (PAI), a Boston-based health-economics consultancy, today announced that the Institute for Clinical and Economic Review (ICER) has released its first ...

This is a guest contribution to our debate: Should the West worry about the threat to liberal values posed by China's rise? China has delivered some of the most outstanding economic growth the world ...

Mansfield, England – Dying Economy, a leading online resource hub that provides up-to-date and in-depth information on the UK and US economies, is pleased to announce the release of a new article on ...