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cowpiglast Wednesday at 2:35 AM1 replyview on HN

Primer is a youtube channel with a fantastic intuitive and gentle introduction to this topic: https://www.youtube.com/watch?v=PNtKXWNKGN8

This paper from one of the field's pioneers is a nice introductory overview of the space from an academic perspective: https://faculty.sites.iastate.edu/tesfatsi/archive/tesfatsi/...


Replies

littlestymaarlast Wednesday at 10:45 PM

I love Primer, but this particular video has a fatal flaw which makes it converge to the same result as microeconomics: it considers seller's cost to be a marginal cost, which is zero when the rocket hasn't been sold and is paid when the rocket is sold. But that's absolutely not how real world market works, and a multi-agent simulation which has the ability to use different hypothesis (upfront costs) should definitely do so, because then we'd see a completely different result.