Adaptive resilient economy: responding to shocks under boundedly-rational economic expectations
We focus on modeling economy as an adaptive complex system. Heterogeneous economic agents with bounded rationality and imperfect information make decisions and interact with each other giving rise to macroeconomic phenomena. Economies globally become more interconnected and prone to shocks (incl. climate-induced natural hazards). How do networked economies recover and evolve in face of adversities?
Opportunity for a postdoctoral researcher to join an interdisciplinary team at University of Illinois at Urbana-Champaign that is focused on a federally funded project to develop an agent-based model to simulate school meal environments in an effort to identify appropriate strategies to reduce food waste and improve fruit and vegetable consumption in the National School Lunch Program.