Sean Carroll's Mindscape: Science, Society, Philosophy, Culture, Arts, and Ideas
293 | Doyne Farmer on Chaos, Crashes, and Economic Complexity
Doyne Farmer
Agents are changing their savings rates dynamically, but also almost, to me, almost more amazingly, they get pretty darn close to the optimal savings rate, even though they're absolute dummies. And selection's doing all the work. You see, because you're selecting toward the agent that consumes the most, they're chasing that agent.
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