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

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

4231.214 - 4253.778 Doyne Farmer

They have all the data to understand the species and who they are and how they interact because they can see what everybody does. And so we could have a standard simulation of markets, and whenever a new financial instrument comes in, we put it in there. It's like an invasive species in ecology, and we test it out to see what its side effects are.

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