| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 10480986 | Physica A: Statistical Mechanics and its Applications | 2013 | 12 Pages |
Abstract
⺠Our model generates aggregate dynamics for key economic variables consistent with empirics. ⺠Contingency plays also an important this emphasizes the importance of having adaptive policies. ⺠The model predicts the emergence of oligopolies/monopolies as a feature of deregulated economies. ⺠We show how macro behavior originates in the entangled nature of the interaction between companies.
Keywords
Related Topics
Physical Sciences and Engineering
Mathematics
Mathematical Physics
Authors
Juan David Robalino, Henrik Jeldtoft Jensen,