Professor of Economics Chris Georges presented a paper and chaired a session at the 21st International Conference on Computing in Economics and Finance in Taipei, Taiwan, in June. The paper, “Product Innovation and Macroeconomic Dynamics,” reports on a new agent-based macroeconomic model in which product innovation is the fundamental driver of both growth and business cycle fluctuations.
He also published a paper, “Risk Preference and Stability Under Learning” in the July issue of Economics Letters.