Master in Data Science for Complex Economic Systems

Collegio Carlo Alberto Events View All Events Research The main areas of research focus are economics, law, political science, sociology with most research projects spanning these areas in an interdisciplinary way. Moreover, about 60% of the Collegio’s scientific production is explicitly meant to contribute to the polic...

"The Tragedy of the Commons" is a tragic oversimplification.

New research by a team led by Yale microbiologist Sylvie Estrela (including SFI's External Prof M. Hochberg and Fmr Omidyar Fellows J. Van Cleve and E. Libby) adds space & time to social dilemmas, with very different outcomes.

From the press release:

'By accounting for the dynamics of the changing environment, the researchers revealed two layers of complexity absent from classic social dilemmas.

The first of these is spatial. Unlike simple social dilemmas that depict what Hochberg calls “perpetual interactions in a given space,” the new taxonomy allows bacteria to move from a hostile environment to a more friendly one."

The second layer is temporal, dealing with niche construction and evolutionary dynamics that play out over time. “The idea is that when we modify our environments, those modifications can be longer and more durable than our own lifetimes,” Hochberg explains. “The ecological inheritance of social behaviors will influence future conditions, but because of the complexity of the system, it is difficult to know just how."

Read more:

https://www.santafe.edu/news-center/news/complexity-commons-scientists-recast-social-dilemmas

Just in case you have some spare time... here are a few inspiring talks. Have a look!

Top 10 TED Talks for the Data Scientists TEDTalks have been a great platform for sharing ideas and inspirations. Here, we have sifted ten interesting talks for the data scientist from statistics, social media and economics domains.