Behavioral and Experimental Macroeconomics and Policy Analysis: A Complex Systems Approach

This survey discusses behavioral and experimental macroeconomics, emphasizing a complex systems perspective. The economy consists of boundedly rational heterogeneous agents who do not fully understand their complex environment and use simple decision heuristics. Central to our survey is the question...

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Bibliographic Details
Published in:Journal of economic literature 2021-03, Vol.59 (1), p.149-219
Main Author: Hommes, Cars
Format: Article
Language:English
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