Agent-based models give us a way to model the aggregation of heterogeneous agent s, a feat that is nearly impossible in a deductive framework. Because these models cannot be solved exactly, they will often be explored using ...

A simple supply and demand argument apparently shows that minimum wage policy, ironically, hurts the workers it is ostensibly aimed at helping, by increasing their chances of unemployment. Stigler (1946) claims that ...

To understand global climate prior to the availability of widespread instrumental data, we need to reconstruct temperatures using natural proxies such as tree rings. For reconstructions of a temperature field with multiple ...