Modelling Markets Versus Market Economies: Success and Failure
Non-linear, stochastic, thermodynamic, agent based or network modelling are powerful tools brought from other fields into economics. Applied in almost every sub-field of economics, these tools had however substantial success only in the analysis of financial markets. We suggest that the reason for t...
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| Format: | Article |
| Language: | English |
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Croatian Interdisciplinary Society
2005-12-01
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| Series: | Interdisciplinary Description of Complex Systems |
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| Online Access: | http://indecs.eu/2005/indecs2005-pp94-99.pdf |