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Linking complexity economics and systems thinking, with illustrative discussions of urban sustainability
Cambridge Journal of Economics ( IF 2.0 ) Pub Date : 2021-05-13 , DOI: 10.1093/cje/beab017
S Şerban Scrieciu 1 , Nici Zimmermann 1 , Zaid Chalabi 1 , Mike Davies 1
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The expanding research of complexity economics has been signalling its preference for a formal quantitative investigation of diverse interactions between heterogeneous agents at the lower, micro-level resulting in emergent, realistic socioeconomic dynamics at the higher, macro-level. However, there is scarcity in research that explicitly links complexity perspectives in economics with the systems thinking literature, despite these being highly compatible, with strong connections and common historical traces. We aim to address this gap by exploring commonalities and differences between the two bodies of knowledge, seen particularly through an economics lens. We argue for a hybrid approach, in that agent-based complexity perspectives in economics could more closely connect to two main systems thinking attributes: a macroscopic approach to analytically capturing the complex dynamics of systems, and an inter-subjective interpretivist dimension, when investigating complex social-economic order. Illustrative discussions of city sustainability are provided, with an emphasis on decarbonisation and residential energy demand aspects.

中文翻译:

将复杂性经济学和系统思维与城市可持续性的说明性讨论联系起来

复杂性经济学的不断扩展研究表明,它倾向于在较低的微观层面对异质代理之间的各种相互作用进行正式的定量研究,从而在较高的宏观层面产生新兴的、现实的社会经济动态。然而,很少有研究明确地将经济学中的复杂性观点与系统思维文献联系起来,尽管它们高度兼容,具有很强的联系和共同的历史痕迹。我们的目标是通过探索两个知识体系之间的共性和差异来解决这一差距,特别是从经济学的角度来看。我们主张采用混合方法,因为经济学中基于代理的复杂性观点可以更紧密地与两个主要的系统思维属性相关联:在研究复杂的社会经济秩序时,一种分析捕捉系统复杂动态的宏观方法,以及一个主体间的解释主义维度。提供了关于城市可持续性的说明性讨论,重点是脱碳和住宅能源需求方面。
更新日期:2021-05-13
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