Confronting the Skills Paradox
An 18 month project with City & Guilds looking at participation in adult learning
"complexity_economics"
2 items tagged with this theme in this project. Find more on this theme : » show items from across the site
- Santa Fe paper on complexity economics (97) (pdf) Argues: 'Direct interactions approaches in turn allow economic models to accommodate a far richer class of phenomena than their neoclassical counterparts. For example, conformity effects, in which an individual's perceived benefit from a choice increases in the percentage of his or her friends who make the same choice, is a typical example of such a phenomenon.' from : duncanoleary 3rd August 2007
- Complexity in Economic and Financial Markets (pdf) Really good Santa Fe paper from 1995. Key points: - one way to view the economy is in psychological terms: as a collection of beliefs, anticipations, expectations, and interpretations which then affect decision - When our decisions depend on others' decisions, only inductive reasoning rather deductive reasoning can possibly work - in these situations beliefs create behaviours + behaviours create beliefs from : duncanoleary 3rd August 2007