Institutions and social behavior in complex systems

IVAROLA LEONARDO

Tallinn

Congreso; Economic Challenges in Enlarged Europe; 2019

TALTECH

The model explores an artificial society where agents choose between different rules or institutions, each one with different social outcomes. Using some ideas from the paradigm of complexity, it is assumed that the social emerging patterns are unpredictable from an individualistic point of view. In contrast, it is crucial to investigate what occurs at the ?meso? level (the place where people interact each other and with their environment). Some policy implications are also explored. In particular, it is shown that, in some occasions, ?nudging? may be enough for re-direct the aggregate pattern to a desired one. In other occasions, more structural changes are necessary.