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Non-Equilibrium Social Science in ICT and Economics (NESS)

Start date: Nov 1, 2011, End date: Dec 31, 2014,

Traditional economics uses models that assume limited interaction between agents, simplistic behavioural assumptions and equilibrium analysis. Yet economies and social systems are often strongly correlated, heterogeneous and far from equilibrium hence traditional approaches do not provide the tools to understand, model or design systems in rapid change. The current financial and world order consti ...
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