Preface

Juan Gabriel Brida¹ and Viktoriya Semeshenko²

This Special Issue of Journal of Dynamics and Games is a collection of papers focused on the study of complex phenomena in Economics. The articles in this Special Issue cover the full scope of research in this exciting field, ranging from applications of genetic algorithms, networks, cellular automata, informational theory, computational, statistical and mathematical models, non-linear systems to agent-based models, in order to analyse and describe complex system. In this Special Issue we feature a combination of different papers that apply concepts and methods for modelling and dealing with complexity, highlighting theoretical, empirical, and methodological aspects of complex systems.

This Special Issue is motivated by previously organized Interdisciplinary Workshops on Complex Systems (IWCS). The first two events took place in Uruguay, during years 2017 and 2018. The 3rd workshop was held in the Faculty of Economic Sciences of the University of Buenos Aires, Argentina in November 2019. We had a high number of participants and received an over whelming response from researchers who submitted their contributions for consideration. Due to numerous submissions we added a section of posters. In total, about 30 papers have been selected for the workshop presentations, and about 11 for posters.

This year, after a rigorous review process, six papers were accepted for inclusion in Special Issue. Each of these submissions was rigorously peer reviewed by at least two referees. The papers were judged according to their originality, contribution to the field, technical and presentation quality, readability, and relevance to the topics of the workshop. The selected papers investigated the financial liquidity as emergent phenomena, long term dependence on financial series, production price determination in the Sraffa tradition, emergent patterns in inflation expectations with multiple agents, network Anova random effects models for node attributes, and the Solow-Swan model with endogenous population growth.

We thank all the committee members of the event for their careful and timely evaluation of the submission before the Workshop, and other reviewers for their dedication and delivering excellent and constructive reviews during peer review evaluation. Also, we would like to express our deepest thanks to our colleagues for assisting in organizing this event.

Finally we would like to thank the program committee, all the authors and the reviewers for their fine efforts and contributions, and the Journal of Dynamics and Games, with special thanks to Alberto Pinto Batten, the Editor in Chief, for keeping us on track and managing the entire submission and review process.

1. Research Group in Economic Dynamics (GIDE)-Universidad de la República (UdelaR), Uruguay

2. Instituto Interdisciplinario de Economía Política de Buenos Aires (IIEP)–Universidad de Buenos Aires, Argentina

Articles

Alvarez, E. & London, S. (2020). Emerging patterns in inflation expectations with multiple agents. Journal of Dynamics & Games, 7(3): 175-184. doi: 10.3934/jdg.2020012.

Brida, J.G., Cayssials, G., Córdoba, O. & Puchet, M. (2020). A dynamic extension of the classical model of production prices determination. Journal of Dynamics & Games, 7(3): 185-196. doi: 10.3934/jdg.2020013.

Cayssials, G. & Picasso, S. (2020). The Solow-Swan model with endogenous population growth. Journal of Dynamics & Games, 7(3): 197-208. doi: 10.3934/jdg.2020014.

Garcia, A. & Szybisz, M. (2020). Financial liquidity: An emergent phenomena. Journal of Dynamics & Games, 7(3): 209-224. doi: 10.3934/jdg.2020015.

Kalemkerian, J. & Sosa, A. (2020). Long-range dependence in the volatility of returns in Uruguayan sovereign debt indices. Journal of Dynamics & Games, 7(3): 225-237. doi: 10.3934/jdg.2020016.

Montes-Rojas, G. & Elosegui, P. (2020). Network ANOVA random effects models for node attributes. Journal of Dynamics & Games, 7(3): 239-252. doi: 10.3934/jdg.2020017.