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universa1
on Feb 22, 2020
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Peter Norvig's Economic Simulation (2018)
The standing ovation problem is another nice and easily understood problem, that allows a view into dynamics and the impact of structure on the results. One can easily model that as an agent-based simulation and introduce all kinds of stuff on top.
https://www2.econ.iastate.edu/tesfatsi/StandingOvation.Mille...
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https://www2.econ.iastate.edu/tesfatsi/StandingOvation.Mille...