Econagent: large language model-empowered agents for simulating macroeconomic activities

N Li, C Gao, M Li, Y Li, Q Liao - … of the 62nd Annual Meeting of the …, 2024 - aclanthology.org
The advent of artificial intelligence has led to a growing emphasis on data-driven modeling
in macroeconomics, with agent-based modeling (ABM) emerging as a prominent bottom-up …

Large language model-empowered agents for simulating macroeconomic activities

N Li, C Gao, Y Li, Q Liao - Available at SSRN 4606937, 2023 - papers.ssrn.com
The advent of the Web has brought about a paradigm shift in traditional economics,
particularly in the digital economy era, enabling the precise recording and analysis of …

Agent-based computational economics: Overview and brief history

L Tesfatsion - Artificial intelligence, learning and computation in …, 2023 - Springer
Scientists and engineers seek to understand how real-world systems work and could work
better. Any modeling method devised for such purposes must simplify reality. Ideally …

Task-oriented machine learning surrogates for tip** points of agent-based models

G Fabiani, N Evangelou, T Cui, JM Bello-Rivas… - Nature …, 2024 - nature.com
We present a machine learning framework bridging manifold learning, neural networks,
Gaussian processes, and Equation-Free multiscale approach, for the construction of …

Quantifying the uncertainty of LLM hallucination spreading in complex adaptive social networks

G Hao, J Wu, Q Pan, R Morello - Scientific reports, 2024 - nature.com
Large language models (LLMs) are becoming a significant source of content generation in
social networks, which is a typical complex adaptive system (CAS). However, due to their …

The circular economy mitigates the material rebound due to investments in renewable energy

K Safarzynska, L Di Domenico, M Raberto - Journal of Cleaner Production, 2023 - Elsevier
The current macroeconomic models of the circular economy rely on the unrealistic
assumption that materials can be recycled infinitely, often ignoring price and demand …

Evaluating the Efficacy of Agent-Based Modeling in Analyzing Pedestrian Dynamics within the Built Environment: A Comprehensive Systematic Literature Review

RGN Lakmali, PV Genovese, AABDP Abewardhana - Buildings, 2024 - mdpi.com
The dynamics of pedestrian behavior within the built environment represent a multifaceted
and evolving field of study, profoundly influenced by shifts in industrial and commercial …

Integrating digital and global transformations in forecasting regional growth: the MASST5 model

R Capello, A Caragliu, R Dellisanti - Spatial Economic Analysis, 2024 - Taylor & Francis
During the past decade, world economic development was coupled with disruptive
challenges. Among them, digitalisation and new forms of globalisation represent a potential …

[LIBRO][B] Making Sense of Chaos: A Better Economics for a Better World

JD Farmer - 2024 - books.google.com
From a pioneer in the field of complexity science and chaos theory, a plan for solving the
world's most pressing problems" Farmer convincingly argues that by using big data and …

A historical review of the role of education: From human capital to human capabilities

S Leoni - Review of Political Economy, 2025 - Taylor & Francis
Human capital theory is the dominant theory of education in economics. Earlier writers such
as Adam Smith, John Stuart Mill and Alfred Marshall highlighted a variety of roles for …