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Thursday January 8, 2009

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Reuters/Adrees Latif - Influenza virus cells, high-lighted through a florescent microscope

Save to My Portfolio Joshua M. Epstein Receives 2008 NIH Director's Pioneer Award

The NIH Director's Pioneer Award is among the most competitive and prestigious awards in American research, designed to support scientists of extraordinary creativity for high-risk projects with the potential to have a transformative impact in the biomedical or behavioral sciences. Read More

 

Save to My Portfolio How Computer Modeling Can Avert Pandemic Outbreaks

Joshua M. Epstein, December 02, 2008

Brookings’s Center on Social and Economic Dynamics has pioneered a model that forecasts how infectious diseases like the flu spread. Center director Joshua Epstein says the Obama administration should use modeling to avert pandemic outbreaks and restore faith in the public health system.

Health Care, Agent-based Models, Technology, U.S. Department of Health and Human Services

SPOTLIGHT: Financial Markets


Reuters/Issei Kato- A person is silhouetted as he looks at a screen outside a stock brokerage showing current stock movement

Save to My Portfolio The Hedge Fund Game

Dean P. Foster and H. Peyton Young, September 2008

In the latest version of their paper, Dean P. Foster and H. Peyton Young show that it is extremely difficult to devise incentive schemes that distinguish between fund managers who cannot deliver excess returns from those who can, unless investors have specific knowledge of the investment strategies being employed. Read More

Financial Markets, Financial Institutions

Announcement


Jon Parker, assistant director of modeling & simulation, receives the award for CSED’s Large-Scale Agent Model from NTSA president, Rear Admiral Fred Lewis.

Save to My Portfolio CSED’s Large-Scale Agent Model Wins “Outstanding” Award

On March 11, 2008, The Brookings Center on Social and Economic Dynamics Large-Scale Agent Model won the 2008 Modeling & Simulation Award for Outstanding Achievement in Analysis from the National Training and Simulation Association (NTSA). Read More

Research and Commentary

Save to My Portfolio The Not-So-Real-McCoy: Fake Alpha and the Need for Hedge Fund Transparency

H. Peyton Young, Dean P. Foster, December 17, 2008

Based on the 2008 working paper, "The Hedge Fund Game," Peyton Young and co-author Dean P. Foster show how surprisingly easy it is for unskilled managers to create “fake” alpha, mimicking the returns of their more skilled and scrupulous peers. The only way to protect the industry, the authors argue, is through greater transparency. Read More

Research and Commentary

Save to My Portfolio Why Model?

Joshua M. Epstein, October 31, 2008

Based on a keynote address, Joshua M. Epstein discusses and challenges enduring misconceptions about modeling, offering sixteen reasons other than prediction to build a model. Read More

Research and Commentary

Save to My Portfolio Modeling with Data: Tools and Techniques for Scientific Computing

Ben Klemens, August 2008

CSED Nonresident Fellow Ben Klemens’ recently published book melds traditional statistical methods with models on the cutting edge of computing. The textbook covers a range of the techniques required to implement agent-based models, from the details of programming to methods of finding a model's optimal parameters to methods of testing hypotheses. Read More

Save to My Portfolio Generative Social Science

In Generative Social Science, the recently published book from Princeton University Press, Josh Epstein describes agent-based computational modeling, a groundbreaking research technique.

About Us

CSED applies the study of complexity to public policy, mainly through computational modeling and simulation.

Recent Research and Commentary

Happiness Gross National Happiness and the Economy

Carol Graham, Soumya Chattopadhyay, October 24, 2008

Health Care A Complex Systems Approach to Understanding and Combating the Obesity Epidemic

Ross A. Hammond, June 17, 2008

Agent-based Models Artificial Society: Getting Clues on How a Pandemic Might Happen by Creating a Huge Model of the United States

Joshua M. Epstein, April 02, 2008

Social Norms Coupled Contagion Dynamics of Fear and Disease: Mathematical and Computational Explorations

Joshua M. Epstein, Jon Parker, Derek Cummings, Ross A. Hammond, December 2008

More Recent Research and Commentary »

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Q&A With Josh Epstein

How Computer Modeling Can Avert Pandemic Outbreaks

Center for Social and Economic Dynamics director Josh Epstein says the Obama administration should use modeling to avert pandemics and restore faith in the public health system.

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Spotlight

Research ProjectLatin America Initiative

The Latin America Initiative provides high-quality, in-depth, and independent research across a range of economic and political issues, and offers policy recommendations aimed at U.S. and Latin American policymakers.

ExpertDarrell M. West

Darrell M. West is the vice president and director of Governance Studies at Brookings. His studies include campaigns and elections, political advertising, mass media, public opinion, technology policy and electronic government.

TopicEducation

The economic and political well-being of any democracy requires a well-educated citizenry. Brookings’s work has extended beyond the K-12 bookends to include pre-school interventions and issues in higher education. Experts are tackling fundamental issues on the role of education in the national and global economy.

ProgramGovernance Studies

Governance Studies explores political institutions of the United States and other democracies to assess how they govern, how their practices compare and how citizens and public servants can advance sound governance.

ExpertSarah A. Binder

Sarah Binder is an expert on Congress and legislative politics.  She is completing a project on the politics of advice and consent, and is at work on the politics of how Congress responds to financial crises.

ExpertEswar Prasad

Eswar Prasad, the Tolani Senior Professor of Trade Policy at Cornell University, is a senior fellow in Global Economy and Development. He was previously head of the Financial Studies Division and the China Division at the IMF.

ExpertRebecca Blank

Rebecca Blank is an expert on the interaction between the macroeconomy, government anti-poverty programs, and the behavior and well being of low-income families. She has just been named the Robert S. Kerr senior fellow at Brookings.

ExpertMark B. McClellan

A medical doctor and economist, Mark McClellan works on promoting high-quality, innovative and affordable health care. Once commissioner of the Food and Drug Administration and administrator of the Centers for Medicare and Medicaid Services, Dr. McClellan now directs the Engelberg Center for Health Care Reform.

Policy CenterEngelberg Center for Health Care Reform

The Engelberg Center for Health Care Reform provides practical solutions to achieve high-quality, innovative, affordable health care with particular emphasis on identifying opportunities on the national, state and local levels.

Research ProjectThe Hamilton Project

The Hamilton Project produces research and policy proposals on how to create a growing economy that benefits more Americans. Their agenda also focuses on enhancing individual economic security and effective public investments. 

ExpertMauricio Cárdenas

Mauricio Cárdenas is a senior fellow and director of the Latin American Initiative. Formerly minister of Economic Development and Transportation, and director of National Planning of Colombia, his research focuses on international and development economics. He is also the president of the Latin American and Caribbean Economic Association (LACEA).

TOPICThe Presidential Transition

During the 77 days from the election to the Inauguration, Brookings experts will offer 12 "Memos to the President" on top policy priorities across the spectrum of domestic and global challenges, plus additional advice on transitioning from campaigning to governing.

ExpertMartin S. Indyk

Ambassador to Israel and assistant secretary of state for near east affairs during the Clinton Administration, Martin Indyk directs the Saban Center for Middle East Policy. He currently focuses on the Clinton administration’s diplomacy and the Arab-Israeli conflict.

ExpertHugh B. Price

Former president and chief executive officer of the National Urban League, Hugh Price is an expert on education, civil rights, equal opportunity and criminal justice. His 40-year career spans journalism, philanthropy, the law, and social advocacy.

ExpertJulia B. Isaacs

Julia Isaacs focuses on public investments in children and how children are affected by national budgetary policies. A former federal budget analyst, she also researches the economic mobility of children and families across the income spectrum.

ExpertAlice M. Rivlin

Alice Rivlin, the first director of the Congressional Budget Office, is an expert on urban issues as well as fiscal, monetary and social policy. She directs the Greater Washington Research project. 

ExpertSuzanne Maloney

Suzanne Maloney studies Iran, the political economy of the Persian Gulf and Middle East energy policy. A former U.S. State Department policy advisor, she has also counseled private companies on Middle East issues.