Sean Carroll's Mindscape: Science, Society, Philosophy, Culture, Arts, and Ideas
293 | Doyne Farmer on Chaos, Crashes, and Economic Complexity
Doyne Farmer
rules, simple rules like that. I have other models where, you know, back to business cycles and poll balancing, we assume a network of agents who are really, really dumb. All they do is look at their neighbors to see what their neighbors are doing. And the neighbor that's consuming the most in that period, so myopic consuming the most, they go, I'll adopt that savings rate.
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