Increasing Returns and Path Dependence in the EconomyUniversity of Michigan Press, 1994 - 201 pagine This book brings together Professor Arthurs pioneering article and provide a comprehensive presentation of his exciting vision of an economics that incorporates increasing returns. After a decade of resistance from economists, these ideas are now being widely discussed and adopted, as Kenneth Arrow recounts in his foreword. In fundamental ways they are changing our views of the working economy. |
Sommario
1 Positive Feedbacks in the Economy | 1 |
2 Competing Tecnologies Increasing Returns and Lockin By Historical Small Events | 13 |
3 PathDependent Processes and the Emergence of Macrostructure | 33 |
4 Industy Location Patterns and the Importance of History | 49 |
5 Information Contagion | 69 |
6 Urban Systems And Historical Path Dependence | 99 |
7 SelfReinforcing Mechanisms in Economics | 111 |
8 Path Dependence SelfReinforcement and Human Learning | 133 |
9 Strategic Pricing in Markets with Increasing Returns | 159 |
10 Strong Laws for a Class of PathDependent Stochastic Processes | 185 |
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