Complexity Economics in a Time of Crisis: Heterogeneous Agents, Interconnections, and Contagion

Complexity Economics in a Time of Crisis: Heterogeneous Agents, Interconnections, and Contagion

In this article, we consider a variety of different mechanisms through which crises such as COVID-19 can propagate from the micro-economic behaviour of individual agents through to an economy’s aggregate dynamics and subsequently spill over into the global economy. Our central theme is one of change...

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Bibliographic Details
Main Authors: Michael S. Harré, Aleksey Eremenko, Kirill Glavatskiy, Michael Hopmere, Leonardo Pinheiro, Simon Watson, Lynn Crawford
Format: Article
Language:English
Published: MDPI AG 2021-10-01
Series:Systems
Subjects:
complexity economics
economic crisis
COVID-19
agent-based model
information theory
global value chains
Online Access:https://www.mdpi.com/2079-8954/9/4/73

Internet

https://www.mdpi.com/2079-8954/9/4/73

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