INET Complexity Economics

Economic models and frameworks to guide climate policy Abstract. Reaching net-zero emissions will involve a structural transformation of the global economy. The transition is complicated by deep uncertainty abo

New in @oxrepjournal.bsky.social: Economic models and frameworks to guide climate policy. Which key economic questions about the net-zero transition are of interest to finance ministries and which economic methods can deliver.

academic.oup.com/oxrep/advanc...

AI For Trade — Center for Collective Learning

Sustainable decision-making requires better foresight.
Participate in the AI for Trade Challenge and build models that anticipate international trade flows.
📅 Deadline: Oct 31, 2025
🏆 $6K in prizes
More: centerforcollectivelearning.org/aifortrade

Lessons from chaos theory on Trump tariff bottlenecks - Risk.net Forecasting the ripple effects of trade policies presents a special challenge

Lessons from chaos theory on Trump tariff bottlenecks - feat. @doynefarmer.bsky.social @inet-complexity.bsky.social

"Farmer looks at economies as complex networks, drawing on the ideas of chaos theory to model interactions between the players."

#EconSky @risk.net

www.risk.net/our-take/796...

Incredible work from Cephas Svose, who makes a great contribution @inet-complexity.bsky.social @oxfordmathematics.bsky.social

His current research focuses on the interaction between different trading strategies of traders on the stock market using Agent-Based-Modelling to understand complex systems

We need a part time Research Assistant to work on macroeconomic and distributional impacts of the UK’s Seventh Carbon Budget. Apply by 21 July.

Making Sense of Chaos: A Better Economics for a Better World Making Sense of Chaos: A Better Economics for a Better World eBook : Farmer, J. Doyne: Amazon.co.uk: Kindle Store

Kindle Daily Deal alert! If you haven't yet read @doynefarmer.bsky.social's fantastic Making Sense of Chaos, you can get it today for the bargain price of £1.99.
#Complexity #ComplexityEconomics #EconSky

tinyurl.com/3auck867

Senior Research Associate in Robust, Large-Scale Agent-Based Modelling 180364

We're hiring! Michael Wooldridge, Ani Calinescu and I are looking for a Senior Research Associate in Robust, Large-Scale Agent-Based Modelling. Applications by 7 July. www.cs.ox.ac.uk/news/2454-fu...

#ABM

"If you make analogy to a living system, the economy is the part of society that... combines natural resources with human labor to make goods & services that we need... or at least want. Whereas if you look at, what is a metabolism?"

- @doynefarmer.bsky.social on economies as metabolisms

EP 305 J. Doyne Farmer on Complexity Economics - The Jim Rutt Show Jim talks with J. Doyne Farmer about his book Making Sense of Chaos: A Better Economics for a Better World. They discuss deterministic chaos & strange attractors, how chaos makes time possible, bounde...

Podcast episode now available - I spoke to Jim Rutt about deterministic chaos & strange attractors, how chaos makes time possible, financial markets as an ecology of strategies, climate economics, the vision of a “conscious civilization,” and much, much more.

www.jimruttshow.com/j-doyne-farm...

*National Variations: For solar, about half of the cross-country cost variations are due to differences in capacity factors, with capital costs also playing a significant role. For wind, variations are split among capacity factor, capital costs, and investment costs.

*Onshore Wind: Turbine costs have declined at about 4% per year, but BOS costs have remained stagnant. This suggests a floor cost of approximately $35/MWh, with projections reaching about $43/MWh by 2050.

Key insights include:
* Solar PV: Module and balance of system (BOS) costs have declined roughly exponentially at rates of 12% per year since 1990. We project global solar costs to continue this trend, potentially reaching $3–15/MWh by 2050.

Our latest working paper from Lennart Baumgärtner and @doynefarmer.bsky.social asks: will national renewable costs continue declining?

#RenewableEnergy #NetZero

www.inet.ox.ac.uk/publications...

How to beat roulette <p>You’ll need your best friend, a computer in your shoe, and a working knowledge of physics.</p><p>Guest: <a href="https://www.oxfordmartin.ox.ac.uk/people/doyne-farmer">Doyne Farmer</a>, Director of...

How to beat roulette with a computer in your shoe, a working knowledge of physics, and your best friend to help: @doynefarmer.bsky.social explains in this Unexplainable podcast
player.fm/series/unexp...

Sign up now for our final #Complexity Economics seminar this term with Benjamin Moll on 4 June - details below.

Our introduction to a special issue in the Journal of Economic Behavior & Organization is now online
Complex systems approaches to 21st century challenges: doi.org/10.1016/j.je...
@jennabednar.bsky.social @maria-drc.bsky.social @francoislafond.bsky.social, Penny Mealy, Marco Pangallo, Anton Pichler

Complexity Economics Seminar Series, 21 May 2025 @ 2:30pm BST (Hybrid)
Macro-financial dynamics in energy transitions: a stock-flow consistent, input-output approach with Andrew Jackson 🔗 www.inet.ox.ac.uk/events/macro...
With @inet-complexity.bsky.social #econsky

Macro-financial dynamics in energy transitions: a stock-flow… Economic models, in turn, typically focus on a limited number of these transition features, and may also be methodologically constrained in their ability…

Our next #ComplexityEconomics seminar on 21 May will see Andrew Jackson from @uniofsurrey.bsky.social will present his work on macro-financial dynamics in #energy transitions: a stock-flow consistent, input-output approach
www.inet.ox.ac.uk/events/macro...

New paper just out on multi-agent reinforcement learning in an open-ended environment.
It introduces the RULE algorithm, allowing groups of agents to update their own reward functions to solve otherwise insoluble problems. Fixed reward functions, so 2024…

www.jmlr.org/papers/volum...

It's Karolina Bassa up next!
Join us for a discussion on the dynamics of sovereign debt: credit risk and sustainability analysis on Thursday 15 May 2025 @ 2:00pm BST (Hybrid)
More details and RSVP ⇢ www.inet.ox.ac.uk/events/inet-...
#complexity @inet-complexity.bsky.social @doynefarmer.bsky.social

Next up in our #ComplexityEconomics seminar series: Lilit Popoyan @qmul.ac.uk will be presenting prevention first vs. cap-and-trade policies in an agent-based integrated assessment model with greenhouse gas emissions. Online and in person, Wednesday 14 May
www.inet.ox.ac.uk/events/preve...

Science and Cocktails Science and Cocktails platform of science events around the globe, lecture recordings, interviews and podcast series.

And if you're interested in having music and cocktails while also stimulating your intellectual curiosity, you can check out the Science & Cocktails programme: www.scienceandcocktails.org/en

Now we've seen some footage of @doynefarmer.bsky.social's talk in Amsterdam last week, we're worried he'll be demanding a support band and cocktails before every seminar he gives ...

We're looking forward to this one! #EconSky

YouTube video by Amsterdam Complexity School on Climate Change ACSCC 2025 | Prof. Doyne Farmer: Technological forecasting & complexity economics for a better world

I had a great time in Amsterdam last week giving three very different talks. The one I gave during the
Amsterdam Complexity School on Climate Change @acscc.bsky.social on technological change and #Complexity Economics is now available online.

www.youtube.com/watch?v=Fnfi...

Fabian Stephany @oii.ox.ac.uk is on the look out for a part time research assistant to work on designing and administering a survey experiment among HR recruiters in the United States.

👀Details below

my.corehr.com/pls/uoxrecru...

Classical-evolutionary technological change However, the dominant approaches today, such as neoclassical endogenous growth theories or Acemoglu's theory of directed technological change, remain…

Sign up now for our first #ComplexityEconomics seminar of the term: Eric Kemp-Benedict @envleeds.bsky.social @universityofleeds.bsky.social on 7 May on classical-evolutionary technological change
#EconSky
www.inet.ox.ac.uk/events/class...

Drinking a cocktail called “black hole” and listening to the illustrious @doynefarmer.bsky.social was a very good way to spend a Sunday evening in Amsterdam. I especially liked this message.

🌱DIEP seminar tomorrow 2pm!
We are very pleased to have Doyne Farmer @doynefarmer.bsky.social give a talk on “The historical mother of emergent phenomena”.
❗Please note the unusual location: L1.01 (Lab 42) and time: Tuesday, 2pm.
Hope to see you there!

Making Sense of Chaos We live in an age of increasing complexity, where accelerating technology and global interconnection hold more promise – and more peril – than any other time in human history. The fossil fuels that ha...

Happy paperback publication day to @doynefarmer.bsky.social! #MakingSenseOfChaos is now available in a more portable format - the perfect on-the-go read.

www.penguin.co.uk/books/284357...