An Economy’s Emergent Properties and How Micro Agents with Inconsistent or Conflicting Interests Are Holistically Organized into Macro Entities

The existing literature documents that computer simulations can reveal how characteristics of micro-level individuals give rise to macro-level phenomena of systemic wholes. This paper seeks to establish such an important simulation-based observation as a theoretical result on a sound foundation. Goi...

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Bibliographic Details
Main Authors: Forrest Jeffrey Yi-Lin, Gong Zaiwu, Köse Erkan, Galbraith Diane D., Arık Oğuzhan A.
Format: Article
Language:English
Published: Sciendo 2021-09-01
Series:Naše Gospodarstvo
Subjects:
Online Access:https://doi.org/10.2478/ngoe-2021-0017