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Markets Replica

@marketsreplica.bsky.social

Our mission is to make humanity more rational and empathetic by modelling and forecasting all our economic actions. We are building a global digital twin of the economy. marketsreplica.com

Posts Replies Media

Reposted by Markets Replica

Our World in Data @ourworldindata.org · 10/12/2024

The world is awful. The world is much better. The world can be much better. All three statements are true at the same time. Understanding this is key to solving big global problems. We believe data & research can help us understand both the problems we face & the progress that’s possible. 🧵

A chart in three parts showing data on child mortality to make the points that "The world is awful. The world is much better. The world can be much better. All three statements are true at the same time."

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Reposted by Markets Replica

J. Doyne Farmer @doynefarmer.bsky.social · 09/12/2024

I spoke to Ricardo Lopes for The Dissenter about Complexity Economics and a range of issues from business cycles, simulating the economy, financial crises, to how we can solve climate change, and whether we can tackle inequality. www.youtube.com/watch?v=h0Vf...

youtube.com

#1029 J. Doyne Farmer - Making Sense of Chaos: A Better Economics for a Better World

YouTube video by The Dissenter

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Markets Replica @marketsreplica.bsky.social · 05/12/2024

In these Sankey charts its easy to see how money flows from various sources of revenue to expenses. Now imagine at those ends we can connect all other households/ firms where one's income is the other's expense and vice versa. Voila, now you have a cash flow consistent model of the entire economy!

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Markets Replica @marketsreplica.bsky.social · 04/12/2024

💡 A market outlook document soon becomes outdated after publication compared to a live agent based model of the economy that gets updated nightly and is available through an API.

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Markets Replica @marketsreplica.bsky.social · 03/12/2024

What is an Agent-Based Model of the economy? 🤔 Here is a one pager: www.marketsreplica.com/agent-based-...

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Markets Replica @marketsreplica.bsky.social · 29/11/2024

This is an excellent book by one of the pioneers of complexity economics Doyne Farmer. @doynefarmer.bsky.social www.penguin.co.uk/books/284357...

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Markets Replica @marketsreplica.bsky.social · 28/11/2024

The government takes millions and billions of loans. The interest rate of these loans are determined by the market but influenced heavily by the analysis done by the rating agencies, world bank, IMF, etc. It is surprising how superficial, outdated and shallow these rankings are...

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Markets Replica @marketsreplica.bsky.social · 22/11/2024

If AI agents can mimic decision making of various humans, this opens up a huge possibility to accurately model society in a large simulation. arxiv.org/abs/2411.10109

arxiv.org

Generative Agent Simulations of 1,000 People

The promise of human behavioral simulation--general-purpose computational agents that replicate human behavior across domains--could enable broad applications in policymaking and social science. We pr...

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Markets Replica @marketsreplica.bsky.social · 22/11/2024

Hello world, This is our first post. Our mission is to make humanity more rational and empathetic by showing us how we look like in a digital twin of the economy!

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