Linking complexity economics and systems thinking, with illustrative discussions of urban sustainability

نویسندگان

چکیده

Abstract The expanding research of complexity economics has been signalling its preference for a formal quantitative investigation diverse interactions between heterogeneous agents at the lower, micro-level resulting in emergent, realistic socioeconomic dynamics higher, macro-level. However, there is scarcity that explicitly links perspectives with systems thinking literature, despite these being highly compatible, strong connections and common historical traces. We aim to address this gap by exploring commonalities differences two bodies knowledge, seen particularly through an lens. argue hybrid approach, agent-based could more closely connect main attributes: macroscopic approach analytically capturing complex systems, inter-subjective interpretivist dimension, when investigating social-economic order. Illustrative discussions city sustainability are provided, emphasis on decarbonisation residential energy demand aspects.

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ژورنال

عنوان ژورنال: Cambridge Journal of Economics

سال: 2021

ISSN: ['1464-3545', '0309-166X']

DOI: https://doi.org/10.1093/cje/beab017