Economic Model Predictive Control (EMPC) represents an evolution of traditional control strategies, where the primary objective is to directly optimise an economic cost function rather than merely ...
Agent-based modelling (ABM) has emerged as a pivotal tool in macroeconomics and economic policy analysis. By simulating the interactions of numerous heterogeneous agents — such as households, firms, ...
During my visit to Japan last month, meetings with financial institutions and technology labs in Tokyo revealed a trend quietly gaining momentum: swarm finance. I came to these conversations not as a ...
Tariffs were almost certainly the flavor of the week over the last period. These taxes on imported goods are sending shockwaves through markets, upending pricing strategies, shaking consumer ...
Economic models used by governments, central banks and investors are “increasingly understating” climate change risks as the world continues to heat up. A new report led by the University of Exeter’s ...