Economics & Complexity Theory

The study of economics and the physical sciences has been an interest of mine for some time.  Over the past two years I have been seeking examples of the application of nonlinear dynamics and complexity theory in economic research.  It turns out it’s a hot new field! The journey led me to unexpected discussions in areas such as political science, sociology, anthropology, language theory, cognitive science, computer science and finance.  For example, Albin’s search for a scale from which to measure degrees of complexity in his dynamical models led him to Chomsky’s early work on defining the complexity of languages.  That was a pleasant surprise to me!...

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