Two Generations of Path Dependence in Economics?

Publikation: Working paper/PreprintWorking paperForskning

Abstract

Even if there is no fully articulated and generally accepted theory of Path Dependence it has eagerly
been taken up across a wide range of social sciences – primarily coming from economics. Path
Dependence is most of all a metaphor that offers reason to believe, that some political, social or
economic processes have multiple possible paths of outcomes, rather than a unique path of
equilibria. The selection among outcomes may depend on contingent choices or events – outcomes
of path-dependent processes require a very relevant study – a perception of history.
OriginalsprogEngelsk
Sider1-24
Antal sider24
ISBN (Elektronisk)978-87-92174-04-3
StatusUdgivet - 2010

Citationsformater