Skip to main content Accessibility help

We use cookies to distinguish you from other users and to provide you with a better experience on our websites. Close this message to accept cookies or find out how to manage your cookie settings.

Close cookie message
×
Hostname: page-component-586b7cd67f-t7fkt Total loading time: 0 Render date: 2024-11-30T19:36:50.859Z Has data issue: false hasContentIssue false

2 - Policy Prioritisation, Complexity, and Agent Computing

from Part I - A Complexity Approach to Sustainable Development

Published online by Cambridge University Press:  04 January 2024

Omar A. Guerrero  and
Gonzalo Castañeda
Omar A. Guerrero
Affiliation:
The Alan Turing Institute, London
Gonzalo Castañeda
Affiliation:
Centro de Investigación y Docencia Económicas
Get access

Summary

This chapter formulates an analytical toolkit that incorporates an intricate – yet realistic – chain of causal mechanisms to explain the expenditure–development relationship. First, we explain several reasons why we take a complexity perspective for modelling the expenditure–development link and why we choose agent-based modelling as a suitable tool for assessing policy impacts in sustainable development. Second, we introduce the concept of social mechanisms and explain how we apply them to measure the impact of budgetary allocations when systemic effects are relevant. Third, we compare different concepts of causality and explain the advantages of an account that simulates counterfactual scenarios where policy interventions are absent.

Keywords

policy prioritiescomplexityagent computingagent-based modelsgenerative causationsocial mechanismscounterfactual
Type
Chapter
Information
Complexity Economics and Sustainable Development
A Computational Framework for Policy Priority Inference
 , pp. 22 - 52
Publisher: Cambridge University Press
Print publication year: 2024

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Save book to Kindle

To save this book to your Kindle, first ensure [email protected] is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

Available formats
×