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

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

2474.403 - 2503.869 Sean Carroll

Right. And so just to clarify again to the audience members who've never made a model of anything of this sort, the difference would be in a standard economic model, you would have things like supply and demand and inflation rate or whatever. And here you have individual variables in your computer simulation representing the states and aspirations of a million different agents.

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