The Evolution Of Path Dependence


The Evolution Of Path Dependence
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The Evolution Of Path Dependence


The Evolution Of Path Dependence
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Author : Lars Magnusson
language : en
Publisher: Edward Elgar Publishing
Release Date : 2009-01-01

The Evolution Of Path Dependence written by Lars Magnusson and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-01-01 with Business & Economics categories.


The notion and interpretation of path dependence have been discussed and utilized in various social sciences during the last two decades. This innovative book provides significant new insights onto how the different applications of path dependence have developed and evolved. The authors suggest that there has been a definite evolution from applications of path dependence in the history of technology towards other fields of social science. They also discuss the various definitions of path dependence (strong or weak) and explore the potential applications of path dependence in new areas such as political economy and economic geography. With new perspectives on how the debate surrounding path dependence has evolved, this book will strongly appeal to postgraduate students and scholars of economic history, economic geography, political science and business studies.



Evolution And Path Dependence In Economic Ideas


Evolution And Path Dependence In Economic Ideas
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Author : Pierre Garrouste
language : en
Publisher: Edward Elgar Publishing
Release Date : 2001-01-01

Evolution And Path Dependence In Economic Ideas written by Pierre Garrouste and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001-01-01 with Business & Economics categories.


Since the 1980s there has been a renewed interest in attempts to introduce a sense of history into economic literature. In this text, the authors argue that it is not possible to explain a state of the world without first analyzing the processes that lead to that state.



Path Dependence And Creation


Path Dependence And Creation
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Author : Raghu Garud
language : en
Publisher: Psychology Press
Release Date : 2013-05-13

Path Dependence And Creation written by Raghu Garud and has been published by Psychology Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-05-13 with Business & Economics categories.


The editors, aware of the recent work in evolutionary theory and the science of chaos and complexity, challenge the sometimes deterministic flavor of this subject. They are interested in uncovering the place of agency in these theories that take history so seriously. In the end, they are as interested in path creation and destruction as they are in path dependence. This book is compiled of both theoretical and empirical writings. It shows relatively well-known industries, such as the automobile, biotechnology, and semi-conductor industries in a new light. It also invites the reader to learn more about medical practices, wind power, lasers, and synthesizers. Primarily written for academicians, researchers, and Ph.D. students in fields related to technology management, this book is research-oriented and will appeal to all managers.



Evolutionary Economics And Path Dependence


Evolutionary Economics And Path Dependence
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Author : Lars Magnusson
language : en
Publisher: Edward Elgar Publishing
Release Date : 1997

Evolutionary Economics And Path Dependence written by Lars Magnusson and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Evolutionary economics categories.


This text presents theoretical and empirical work on economic change, learning processes, institutional change, choice and path dependency. It discusses institutional change in the communications and transport sectors of the economy and shows how path dependency occurs and develops.



Russian Path Dependence


Russian Path Dependence
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Author : Stefan Hedlund
language : en
Publisher: Routledge
Release Date : 2005-01-23

Russian Path Dependence written by Stefan Hedlund and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-01-23 with Business & Economics categories.


Russia's transition to a market economy has been tortuous to say the least. However, this book argues that the arguments and counter-arguments that pitch shock therapy against gradualism are wide of the mark and quite pointless. Indeed, the reasons for the warped outcomes can actually be traced back through the long sweep of Russian history. Decisions made in the distant past can fully influence policy- making in the present. Hedlund's thesis can, like this, be seen as influenced by the 'path dependency' theories of Paul David among others.



Intellectual Path Dependence In Economics


Intellectual Path Dependence In Economics
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Author : Altug Yalcintas
language : en
Publisher: Routledge
Release Date : 2016-03-10

Intellectual Path Dependence In Economics written by Altug Yalcintas and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-03-10 with Business & Economics categories.


Is economics always self-corrective? Do erroneous theorems permanently disappear from the market of economic ideas? Intellectual Path Dependence in Economics argues that errors in economics are not always corrected. Although economists are often critical and open-minded, unfit explanations are nonetheless able to reproduce themselves. The problem is that theorems sometimes survive the intellectual challenges in the market of economic ideas even when they are falsified or invalidated by criticism and an abundance of counter-evidence. A key question which often gets little or no attention is: why do economists not reject theories when they have been refuted by evidence and falsified by philosophical reasoning? This book explores the answer to this question by examining the phenomenon of intellectual path dependence in the history of economic thought. It argues that the key reason why economists do not reject refuted theories is the epistemic costs of starting to use new theories. Epistemic costs are primarily the costs of scarcity of the most valued element in academic production: time. Epistemic scarcity overwhelmingly dominates the evolution of scientific research in such a way that when researchers start off a new research project, they allocate time between replicable and un-replicable research. This book is essential reading for anyone interested in the methodology, philosophy and history of economics.



The Hidden Dynamics Of Path Dependence


The Hidden Dynamics Of Path Dependence
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Author : G. Schreyögg
language : en
Publisher: Springer
Release Date : 2009-11-12

The Hidden Dynamics Of Path Dependence written by G. Schreyögg and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-11-12 with Business & Economics categories.


The theory of path dependence continues to attract great interest in a range of disciplines. An increasing number of scholars have started to explicitly use this theory for studying organizational inertia and institutional rigidities. This volume presents a collection of papers from various international conferences that address these issues.



Increasing Returns And Path Dependence In The Economy


Increasing Returns And Path Dependence In The Economy
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Author : W. Brian Arthur
language : en
Publisher: University of Michigan Press
Release Date : 1994

Increasing Returns And Path Dependence In The Economy written by W. Brian Arthur and has been published by University of Michigan Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Business & Economics categories.


Pioneering work on an important new approach to economics.



The Evolution Of Economic Institutions


The Evolution Of Economic Institutions
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Author : Geoffrey Martin Hodgson
language : en
Publisher: Edward Elgar Publishing
Release Date : 2007-01-01

The Evolution Of Economic Institutions written by Geoffrey Martin Hodgson and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-01-01 with Business & Economics categories.


This volume documents in a unique manner the momentum the institutionalist, evolutionary research agenda has regained over the past two decades. The thought-provoking contributions come from prominent authors with a rather heterogeneous theoretical background. Nonetheless, they all convene in elaborating on issues that have always been at the core of the institutionalist agenda and show how these issues relate to cutting edge research in modern economics. Ulrich Witt, Max Planck Institute of Economics, Jena, Germany This excellent EAEPE Reader brings together a range of perspectives on the role of institutions in economics. It is very well structured, with parts on microeconomics, macroeconomics, markets and economic evolution. Each part contains chapters written by renowned experts in their respective fields and there is an authoritative introductory chapter by the editor. This Reader is invaluable for economics students and academic economists wishing to better understand how institutions and individual behaviours interact in the economic system. Much of standard economic analysis either ignores institutions or makes overly restrictive assumptions about them the authors in this book show, persuasively, that economics, without an adequate treatment of institutions and institutional change, is of very little scientific worth. John Foster, The University of Queensland, Australia This is a great set of essays. To get the richness they contain, the reader must be already familiar with the broad orientation of the literature on economic institutions. Given that background, I can think of no collection or essays that frame, illuminate, and probe modern institutional economics as well as does this set. Geoffrey Hodgson, who chose the collection, and the authors of the essays, are to be congratulated and thanked. Richard R. Nelson, Columbia University, US It is now widely acknowledged that institutions are a crucial factor in economic performance. Major developments have been made in our understanding of the nature and evolution of economic institutions in the last few years. This book brings together some key contributions in this area by leading internationally renowned scholars including Paul A. David, Christopher Freeman, Alan P. Kirman, Jan Kregel, Brian J. Loasby, J. Stanley Metcalfe, Bart Nooteboom and Ugo Pagano. This essential reader covers topics such as the relationship between institutions and individuals, institutions and economic development, the nature and role of markets, and the theory of institutional evolution. The book not only outlines cutting-edge developments in the field but also indicates key directions of future research for institutional and evolutionary economics. Vital reading on one of the most dynamic and rapidly growing areas of research today, The Evolution of Economic Institutions will be of great interest to researchers, students and lecturers in economics and business studies.



Path Dependence And Lock In


Path Dependence And Lock In
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Author : Stan J.. Liebowitz
language : en
Publisher: Edward Elgar Publishing
Release Date : 2014

Path Dependence And Lock In written by Stan J.. Liebowitz and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with Economics categories.


Since their first emergence in the work of Paul David thirty years ago, the dual issues of Path Dependence and Lock-In have become critically important subjects in the fields of economics, sociology, and business strategy. Theoretical and public policy debates on these issues have arisen, addressing whether markets consistently choose the best products. This collection presents each side of the debate, bringing together key publications that initiated this literature with the later works that criticize or defend many of the early claims. Both the theoretical and empirical foundations of Path Dependence and Lock-In are examined along with the role of network effects. An original introduction by the editors is included to situate each article in its wider context.