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by rsrsrs86
1005 days ago
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Both have been shelved; the state of the art in economic modeling is far, far more sophisticated. It goes way beyond the limitations of economics’ loan from XIX century physics (static mechanics). Economic modeling based on game theory with extensions (say, requiring that certain agent choices are computable and are so under a limited computational budget, or non determinism, or learning) you still get sensible results under much weaker hypothesis. |
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