Decentralized finance (DeFi) has emerged as the flagship concept and use case for blockchain technology and cryptocurrency. DeFi is the use of smart contracts and other decentralized technologies to ...

That comes when you factor in the overwhelming consumption and volume of tokens. As the price of tokens declines in one ...

The Nobel Memorial Prize in Economic Science was awarded today to two scholars who revolutionized the technique of statistically modeling national economies, stock markets, and other complex systems ...

Agent-based modelling (ABM) has emerged as a pivotal tool in macroeconomics and economic policy analysis. By simulating the interactions of numerous heterogeneous agents — such as households, firms, ...

In October 2024, the Royal Swedish Academy of Sciences in Stockholm announced that the Nobel Prize in Economics was awarded to three economists who studied why some countries are rich while others ...

The world’s second-largest economy is awakening from a yearslong stupor. Since the pandemic’s onset, China’s “Zero COVID” policy has imposed harsh side effects on its commerce. Now, the nation’s most ...

Behavioral economics combines elements of economics and psychology to understand how and why people behave the way they do in the real world. It differs from neoclassical economics, which assumes that ...