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Simulated Economy Tutorial

(jasonfantl.com)
105 points jfantl | 1 comments | 02 Apr 25 00:05 UTC | HN request time: 0.209s | source
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dlojudice ◴[02 Apr 25 01:42 UTC] No.43552972[source]▶
Agent-based modeling offers a more realistic approach to economic systems than traditional equilibrium models. New approachs including generative agents (ABM+LLMs) are promising. J. Doyne Farmer's recent book "Making Sense of Chaos: A Better Economics for a Better World" is a great reading for those interested in this field.

https://www.amazon.com/Making-Sense-Chaos-author/dp/02412019...

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1. airstrike ◴[02 Apr 25 02:14 UTC] No.43553102[source]▶
Thanks for the link. If anyone has additional links, including scholarly references, this is an area of huge interest to me but I wouldn't know where to turn to for the latest research and models.