New Perspectives on Institutionalist Pattern Modeling: Systemism, Complexity, and Agent-Based Modeling
Claudius Gräbner-Radkowitsch and
Jakob Kapeller
MPRA Paper from University Library of Munich, Germany
Abstract:
This paper focuses on the complementarity between original institutional economics, Mario Bunge’s framework of systemism, and the formal tools developed by complexity economists, especially in the context of agent-based modeling. Thereby, we assert that original institutional economics might profit from exploiting this complementarity.
Keywords: Aggregation; Original Institutionalism; Systemism; Agent-Based Computational Economics; Complexity (search for similar items in EconPapers)
JEL-codes: B41 B52 C63 (search for similar items in EconPapers)
Date: 2015-06-19
New Economics Papers: this item is included in nep-cmp, nep-hme, nep-hpe and nep-pke
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14)
Published in Journal of Economic Issues 2.49(2015): pp. 433-440
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Journal Article: New Perspectives on Institutionalist Pattern Modeling: Systemism, Complexity, and Agent-Based Modeling (2015) 
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:77334
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