Economics Dictionary of Arguments

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 Path Dependence - Economics Dictionary of Arguments
 
Path dependence: Path dependence refers to a phenomenon where the current state or outcome of a system is influenced by its historical trajectory, wherein earlier decisions or events shape and limit future possibilities. It implies that choices made in the past constrain or influence present and future developments within a system or process. See also History, Decisions, Decision-making processes, Decision theory, Events, Systems.
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Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments.
 
Author Item    More concepts for author
Acemoglu, Daron Path Dependence   Acemoglu, Daron
Carbonara, Emanuela Path Dependence   Carbonara, Emanuela
Political Philosophy Path Dependence   Political Philosophy
Robinson, James A. Path Dependence   Robinson, James A.

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Ed. Martin Schulz, access date 2024-05-29