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Farmer, J. Doyne; Foley, Duncan
Nature (London), 08/2009, Letnik: 460, Številka: 7256Journal Article
Why is this type of modelling not welldeveloped in economics? Because of historical choices made to address the complexity of the economy and the importance of human reasoning and adaptability. A thorough attempt to understand the whole economy through agent-based modelling will require integrating models of financial interactions with those of industrial production, real estate, government spending, taxes, business investment, foreign trade and investment, and with consumer behaviour.
