State-of-the-art policy applications emerging from new analytical tools and techniques show how methodological innovations and inter disciplinary approaches such as agent-based modelling, nowcasting, machine learning, and network analysis could contribute to better understanding of the complexity and interaction of our economic, financial, social and environmental systems.
Understanding people to understand the economy is an issue linked to the core mandate and rationale of NAEC. This conference explores how internal social, emotional and rational components of behaviour interact to generate observed, often far-from-rational, individual behaviour. When multiple agents of this new type move and interact, they collectively generate an astonishing range of dynamics spanning the fields of social conflict, psychology, public health, law, network science, and economics.
This conference will also examine new modelling and analytical approaches to systemic challenges, highlighting the potential of integrative economics. This will include a systemic perspective on the environmental system, the economic system, the social and the financial system. The aim is to demonstrate how new economic thinking and acting are transforming the way we understand the socio-economic system and how it is interacting with the environmental system.