DEVELOPMENT MANAGEMENT IN MODELS OF DYNAMIC SOCIO-ECONOMIC SYSTEMS

chaos in dynamic systems and development in management systems

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Time in discrete agent-based models of socio-economic systems

We formulate the problem of computing time in discrete dynamical agent-based models in the context of socio-economic modeling. For such formulation, we outline a simple solution. This requires minimal extensions of the original untimed model. The proposed solution relies on the notion of agent-specific schedules of action and on two modeling assumptions. These are fulfilled by most models of pr...

Langevin Processes, Agent Models and Socio-economic Systems Agent Models

We review some approaches to the understanding of fluctuations in some models used to describe socio and economic systems. Our approach builds on the development of a simple Langevin equation that characterises stochastic processes. This provides a unifying approach that allows first a straightforward description of the early approaches of Bachelier. We generalise the approach to stochastic equ...

Complexity in Socio-Economic Systems

Operattonaiizing Sustainable Development : Dynamic Economic - Ecological Models . '

Since the mid-eighties, a vast literature has evolved around the concept of sustainable development. It shows a wide support for changes in policy-making and decision-making, for instance, to integrate environmental interests in national and international political processes. Remarkably, recommendations of contours and new elements of research methods and policy analysis for sustainable develop...