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Sean Carroll's Mindscape: Science, Society, Philosophy, Culture, Arts, and Ideas

293 | Doyne Farmer on Chaos, Crashes, and Economic Complexity

2170.369 - 2199.703 Doyne Farmer

Well, Going back to what I described before is called an agent-based model. Agent-based models are just simulations on computers that involve agents who make decisions. And the challenging part is you have to figure out how those agents are making decisions. What decisions are they making in each situation? Now, first of all, take the example of the COVID model I made.

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