Two Generations of Path Dependence

Research output: Contribution to conference without publisher/journalPaper without publisher/journalResearch

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.

Original languageEnglish
Publication date2009
Number of pages20
Publication statusPublished - 2009
EventThe Ricardian -Post Keynesian Joint International SeminarSeptember 5, 2009, http://www.kisc.meiji.ac.jp/~pk/Past%20Seminars.htm - Tokyo, Japan
Duration: 5 Sept 20096 Sept 2009

Conference

ConferenceThe Ricardian -Post Keynesian Joint International SeminarSeptember 5, 2009, http://www.kisc.meiji.ac.jp/~pk/Past%20Seminars.htm
Country/TerritoryJapan
CityTokyo
Period05/09/200906/09/2009

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