Skip to main content Accessibility help
×
Hostname: page-component-78c5997874-lj6df Total loading time: 0 Render date: 2024-11-05T01:43:43.050Z Has data issue: false hasContentIssue false

4 - A Computational Model

from Part I - A Complexity Approach to Sustainable Development

Published online by Cambridge University Press:  04 January 2024

Omar A. Guerrero
Affiliation:
The Alan Turing Institute, London
Gonzalo Castañeda
Affiliation:
Centro de Investigación y Docencia Económicas
Get access

Summary

This chapter introduces a model in which a government allocates financial resources across several policy issues (development dimensions), and a set of public servants (or agencies) that, through government programmes, transform public spending into policy outcomes. We start by describing the macro-level dynamics and the relevant equations involved. Then, we introduce a political economy game between the government and its officials (or public servants). First, we describe the public servants’ decision making in an environment of uncertainty through reinforcement learning. Second, we elaborate on the problem of the government (or central authority) and how we can specify its heuristic strategy. Finally, we provide an overview of the entire structure of the model.

Type
Chapter
Information
Complexity Economics and Sustainable Development
A Computational Framework for Policy Priority Inference
, pp. 104 - 128
Publisher: Cambridge University Press
Print publication year: 2024

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Save book to Kindle

To save this book to your Kindle, first ensure [email protected] is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

  • A Computational Model
  • Omar A. Guerrero, The Alan Turing Institute, London, Gonzalo Castañeda, Centro de Investigación y Docencia Económicas
  • Book: Complexity Economics and Sustainable Development
  • Online publication: 04 January 2024
  • Chapter DOI: https://doi.org/10.1017/9781009022910.007
Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

  • A Computational Model
  • Omar A. Guerrero, The Alan Turing Institute, London, Gonzalo Castañeda, Centro de Investigación y Docencia Económicas
  • Book: Complexity Economics and Sustainable Development
  • Online publication: 04 January 2024
  • Chapter DOI: https://doi.org/10.1017/9781009022910.007
Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • A Computational Model
  • Omar A. Guerrero, The Alan Turing Institute, London, Gonzalo Castañeda, Centro de Investigación y Docencia Económicas
  • Book: Complexity Economics and Sustainable Development
  • Online publication: 04 January 2024
  • Chapter DOI: https://doi.org/10.1017/9781009022910.007
Available formats
×