Thomas Homer Dixon: Complexity in Economic Theory - INET Panel (4/5)

Thomas Homer Dixon: Complexity in Economic Theory - INET Panel (4/5)

Assessment

Interactive Video

Business

University

Hard

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The video discusses the intersection of political science and complexity economics, highlighting three key themes: crisis response, innovation, and sustainability. It explores how complexity theory can enhance understanding of these areas, emphasizing the importance of resilience, innovation through novel combinations, and sustainability constrained by ecological limits. The video also suggests methods for future research, including system dynamics and agent-based models, and proposes using online environments for economic experiments.

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4 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of the laws of thermodynamics for economic systems?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How can complexity-based ecological economics challenge conventional economic assumptions?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What methods are suggested for exploring research topics in complexity economics?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the potential of online environments for conducting economic experiments.

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