Path Dependence, Its Critics and the Quest for 'Historical Economics'.
The concept of path dependence refers to a property of contingent, non-reversible dynamical processes, including a wide array of biological and social processes that can properly be described as "evolutionary." To dispell existing confusions in the literature, and clarify the meaning and s...
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| Format: | Working paper |
| Language: | English |
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Department of Economics (Stanford University)
2000
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