Agent-based computer models could anticipate future economic crisis
: As the stock market continues its dive, economists and business columnists have spilled a lot of ink assigning responsibility for the ongoing financial calamity. While hindsight might be clear as day, researchers at the U.S. Department of Energy’s Argonne National Laboratory are trying to create new economic models that will provide policymakers with more realistic pictures of different types of markets so they can better avert future economic catastrophe.
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