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.
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 language | English |
---|---|
Pages | 1-24 |
Number of pages | 24 |
ISBN (Electronic) | 978-87-92174-04-3 |
Publication status | Published - 2010 |