6.08.2009

Could We Really Model The Global Marketplace?

Several groups of economists, modelers, and social and physical scientists in the US and Europe think it's a possiblity, given a sufficient combination of interdisciplinary knowledge, know-how, and coordination.
With growing computing capacity and greater understanding of complex systems, they suggest it should be possible within a decade to have functioning models of the global economy to which policy-makers could look for sound insights with which to penetrate the overwhelming complexity of today's markets.

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