Abstract
This article considers the implications of complex systems models for the study of economics and the evaluation of public policies. I argue that complexity can enhance current approaches to formal economic analysis, but does so in ways that complement current approaches. I further argue that while complexity can influence how public policy analysis is conducted, it does not delimit the use of consequentialist approaches to policy comparison to the degree initially suggested by Hayek and most recently defended by Gaus
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DOI 10.1177/1470594X11434625
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References found in this work BETA

Complexity: A Guided Tour.Melanie Mitchell - 2009 - Oxford University Press.
More is Different.P. W. Anderson - 1994 - In H. Gutfreund & G. Toulouse (eds.), Biology and Computation: A Physicist's Choice. World Scientific. pp. 3--21.
The Constitution of Liberty.Friedrich Hayek - 1998 - Law and Philosophy 17 (1):77-109.
Consequentialism and Cluelessness.James Lenman - 2000 - Philosophy and Public Affairs 29 (4):342-370.

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A Complexity Perspective on Institutional Design.Scott E. Page - 2012 - Politics, Philosophy and Economics 11 (1):5-25.

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