James Porter gave an overview of Peyton Young's framework for analysing the evolution of conventions taken from his book: Individual Strategy and Social Structure and paper: Young, H Peyton, 1993. The Evolution of Conventions, Econometrica.
Paul Youdell introduced the basic concepts of Agent-Based Computational Economics and the El Farol model which inspired research on Minority Games.
Here is the powerpoint file from our first meeting:
We settled on the acronym CERC, Paul Youdell offered to present something next week, James Porter the following week.
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