Book contents
- Artificial Economics
- Artificial Economics
- Copyright page
- Dedication
- Contents
- Figures
- Tables
- Preface
- Introduction
- Part I Artificial Economics and Mainstream Economics
- Part II Complementary Topics and Discussions
- 5 Artificial Intelligence
- 6 Artificial Evolution
- 7 Artificial Complexity
- 8 Artificial Economics and the Agent/Structure Problem
- Annexes
- References
- Index
7 - Artificial Complexity
from Part II - Complementary Topics and Discussions
Published online by Cambridge University Press: 28 October 2021
- Artificial Economics
- Artificial Economics
- Copyright page
- Dedication
- Contents
- Figures
- Tables
- Preface
- Introduction
- Part I Artificial Economics and Mainstream Economics
- Part II Complementary Topics and Discussions
- 5 Artificial Intelligence
- 6 Artificial Evolution
- 7 Artificial Complexity
- 8 Artificial Economics and the Agent/Structure Problem
- Annexes
- References
- Index
Summary
Chapter 7 introduces the subject matter of artificial complexity. First, it presents examples of artificial complexity by means of cellular automata. It presents one-dimensional cellular automata following Wolfram’s rules, and a two-dimensional cellular automaton in the form of a spatial evolutionary game.Then it introduces the concepts of complexity and emergence, as used in the science of complexity, and discusses some issues related to their definition and measurement. Finally, it discusses the scope and controversies around the application of the concepts and models of the science of complexity in economics.
Keywords
- Type
- Chapter
- Information
- Artificial EconomicsMethods, Models, and Interdisciplinary Links, pp. 103 - 127Publisher: Cambridge University PressPrint publication year: 2021