In the 1980s and ’90s, SFI played laboratory to a promising new method known as agent-based modeling. In ensuing decades, agent-based models (ABMs) proliferated across many fields, including economics ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Digitalization is transforming everything, and as a part of this, the technology-driven ...

Economists and psychologists work together to understand how human behavior impacts people's decision-making in the marketplace.

Twenty years ago Joshua Cooper Ramo, a consultant, first wrote about the “Beijing consensus”. The Washington consensus of financial liberalisation, floating currencies and openness to foreign capital ...

If the human capital and quality of life theories are right, the Midwest would be a half-century into a century-long period ...

China’s economy is at a transformational moment. For more than two decades, a growth model centered on the debt-fueled construction of housing and infrastructure propelled the country’s rapid ...

Roula Inglesi-Lotz receives funding from the National Research Foundation (NRF). South Africa relies heavily on energy from coal-fired power stations, which emit large quantities of carbon. But making ...