Juanxi Wang throws light on ongoing discussions on how to model the economy as a complex evolving system. She introduces a complex systems approach and attempts to unfold the underlying mechanisms of dynamic instability, focusing specifically on critical transitions, catastrophe theory and expectations.
J. Wang: Modelling and Estimation of Dynamic Instability in Complex Economic Systems.
Prof. C.G.H. Diks
Prof. H. Dawid (Universität Bielefield)
Prof. C.H. Hommes
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