Issue No. 04 - July/August (2006 vol. 8)
DOI Bookmark: http://doi.ieeecomputersociety.org/10.1109/MCSE.2006.75
Leonardo C. Ribeiro , Federal University of Minas Gerais
Ricardo M. Ruiz , Federal University of Minas Gerais
Eduardo M. Albuquerque , Federal University of Minas Gerais
Am?rico T. Bernardes , Federal University of Ouro Preto
Physicists are increasingly interested in studying the behavior of financial markets; likewise, researchers have applied statistical physics tools to study economic development in--and interactions among--various countries. We recently introduced a model that creates an artificial world economy of countries, each of which has a population with scientific and technological capabilities. The model's main goal is to probe the underlying mechanisms responsible for the interactions among science, technology, and development. So far, it has shown a strong correlation between economic development and scientific and technological production.
economics, physics, simulations, financial markets, development
R. M. Ruiz, E. M. Albuquerque, L. C. Ribeiro and A. T. Bernardes, "Science in the Developing World: Running Twice as Fast?," in Computing in Science & Engineering, vol. 8, no. , pp. 81-87, 2006.