There’s plenty of economists on here, it seems. I’m wondering whether there’s been any work applying the myriad formal tools that theoretical computer scientists have developed to reason about asynchronous and concurrent systems to the study of market economies? From searching, it appears that they’re heavily used for modeling interactions in cell biology, and there’s been some application of the Pi-calculus to modeling business processes, but it appears absolutely no work on using these in a wider economic setting.
Given these calculi have been pretty successful in modeling complex systems in CS, economists use some pretty heavy duty maths, and market economies seem to be the canonical example of a gigantic asynchronous system, I’m obviously missing prior work on this subject. Does anybody know of any, or know a place where I could find out?