Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Digitalization is transforming everything, and as a part of this, the technology-driven ...

China’s state-led economic model, which has produced remarkable growth for decades, is now showing signs of strain as costs accumulate despite continued strong performance in key sectors. The approach ...

“Science has worked, and always will work, through a process of constant interrogation and review, whether that be during the course of research, in peer review or in post publication assessment,” ...

China’s model for economic development holds serious appeal for countries looking for an alternative to the Washington consensus of economic and political liberalisation. But what exactly is the ...

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 ...

Mr. Bookstaber is the author of “A Demon of Our Own Design,” which in 2007 warned of the coming financial crisis. Our economy today has been described variously as “weird,” “really weird” and “very, ...

In late September, after months of missing post-pandemic growth targets, the Chinese government began rolling out a broad set of economic stimulus measures. So far, these have included stock market ...

What is the production possibility frontier (PPF)? What is the production possibility frontier (PPF)? The PPF is a simple economic model (usually demonstrated as a graph) that helps explain the ...

A new book provides an overview of agent-based modeling (ABM) and multi-agent systems (MAS), emphasizing their significance in understanding complex economic systems. The book’s 14 chapters feature ...