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New Perspectives on Institutionalist Pattern Modeling: Systemism, Complexity, and Agent-Based Modeling

Claudius Gräbner () and Jakob Kapeller ()

Journal of Economic Issues, 2015, vol. 49, issue 2, 433-440

Abstract: We focus 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. We assert that original institutional economics might profit from exploiting this complementarity.

Date: 2015
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DOI: 10.1080/00213624.2015.1042765

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