Agent-based modelling (ABM) has emerged as a pivotal tool in macroeconomics and economic policy analysis. By simulating the interactions of numerous heterogeneous agents — such as households, firms, ...

Uri Wilensky of Northwestern University’s Center for Connected Learning and Computer-Based Modeling Department observed the world has a variety of natural or emergent phenomena consisting of patterns, ...

Finance theory continues to develop beyond the traditional academic precincts of rational expectations and efficient markets, with the latest innovations coming from psychology, neuroscience and ...