The Complexity of Economics - Exploring Markets as Complex Adaptive Systems
Explore the intersection of complexity science and economics in this thought-provoking panel discussion hosted by the Santa Fe Institute and Thornburg Investment Management. Delve into the limitations of mainstream economic theory and discover how viewing markets as complex adaptive systems can provide a more accurate understanding of real-world economic phenomena. Learn about the potential of agent-based modeling, behavioral economics, and machine learning to enhance our comprehension of economic systems. Hear from a distinguished panel of experts, including Rob Axtell, Jason Brady, Colin Camerer, Katherine Collins, and Michael Kearns, as they discuss the implications of complexity science for economic and investment practices. Gain insights into emergent behaviors, changing states, and the dynamic nature of financial markets in this 1 hour and 36 minute event that challenges traditional economic thinking and offers new perspectives on the complexity of our economic world.