Foundations of complexity economics

WB Arthur - Nature Reviews Physics, 2021 - nature.com
Conventional, neoclassical economics assumes perfectly rational agents (firms, consumers,
investors) who face well-defined problems and arrive at optimal behaviour consistent with …

[PDF][PDF] Agent-based modeling in economics and finance: Past, present, and future

RL Axtell, JD Farmer - Journal of Economic Literature, 2022 - oms-inet.files.svdcdn.com
Agent-based modeling (ABM) is a novel computational methodology for representing the
behavior of individuals in order to study social phenomena. Its use is rapidly growing in …

Occupational mobility and automation: a data-driven network model

RM del Rio-Chanona, P Mealy… - Journal of The …, 2021 - royalsocietypublishing.org
The potential impact of automation on the labour market is a topic that has generated
significant interest and concern amongst scholars, policymakers and the broader public. A …

Crowdworking: working with or against the crowd?

G Jäger, LS Zilian, C Hofer, M Füllsack - Journal of Economic Interaction …, 2019 - Springer
Our current labour market is affected by massive changes like digitalization, automation and
globalization, which gives rise to completely new forms of generating income. One such …

Data-driven economic agent-based models

M Pangallo, RM del Rio-Chanona - ar** job fitness and skill coherence into wages: an economic complexity analysis
S Aufiero, G De Marzo, A Sbardella, A Zaccaria - Scientific Reports, 2024 - nature.com
Leveraging the discrete skill and knowledge worker requirements of each occupation
provided by O* NET, our empirical approach employs network-based tools from the …

Internet use at work and income inequality in Ecuador

SH Olarte, J Torrent, K Aguirre - Technology in Society, 2024 - Elsevier
This study examines the impact of technological advancements, particularly Internet access,
on labor income inequality. The Internet is a versatile technology with wide-ranging …

Bayesian learning: A selective overview

YL Hsu, CC Jeng, PS Murali, M Torkjazi, J West… - arxiv preprint arxiv …, 2021 - arxiv.org
This paper presents an overview of some of the concepts of Bayesian Learning. The number
of scientific and industrial applications of Bayesian learning has been growing in size rapidly …

Automation and occupational mobility: A data-driven network model

RM del Rio-Chanona, P Mealy… - arxiv preprint arxiv …, 2019 - arxiv.org
The potential impact of automation on the labor market is a topic that has generated
significant interest and concern amongst scholars, policymakers, and the broader public. A …

Modelling urban transition with coupled housing and labour markets

J Ge, BA Furtado - … and Planning B: Urban Analytics and …, 2024 - journals.sagepub.com
This study develops an agent-based model of urban transition, U-TRANS, with coupled
housing and labour markets to simulate the transition of a city during a major industrial shift …