The Evolution Of Path Dependence

Author : Lars Magnusson
Publisher : Edward Elgar Publishing
ISBN 13 : 1848449267
Total Pages : 239 pages
Book Rating : 4.68/5 ( download)

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Download or read book The Evolution of Path Dependence written by Lars Magnusson and published by Edward Elgar Publishing. This book was released on 2009-01-01 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author : Pierre Garrouste
Publisher : Edward Elgar Publishing
ISBN 13 : 9781781950227
Total Pages : 264 pages
Book Rating : 4.29/5 ( download)

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Download or read book Evolution and Path Dependence in Economic Ideas written by Pierre Garrouste and published by Edward Elgar Publishing. This book was released on 2001-01-01 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author : Raghu Garud
Publisher : Psychology Press
ISBN 13 : 113570631X
Total Pages : 474 pages
Book Rating : 4.19/5 ( download)

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Download or read book Path Dependence and Creation written by Raghu Garud and published by Psychology Press. This book was released on 2013-05-13 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author : W. Brian Arthur
Publisher : University of Michigan Press
ISBN 13 : 9780472022403
Total Pages : 228 pages
Book Rating : 4.07/5 ( download)

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Download or read book Increasing Returns and Path Dependence in the Economy written by W. Brian Arthur and published by University of Michigan Press. This book was released on 1994 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pioneering work on an important new approach to economics.

Author : Stefan Hedlund
Publisher : Routledge
ISBN 13 : 1134259182
Total Pages : 409 pages
Book Rating : 4.82/5 ( download)

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Download or read book Russian Path Dependence written by Stefan Hedlund and published by Routledge. This book was released on 2005-01-23 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author : Altug Yalcintas
Publisher : Routledge
ISBN 13 : 131770469X
Total Pages : 189 pages
Book Rating : 4.90/5 ( download)

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Download or read book Intellectual Path Dependence in Economics written by Altug Yalcintas and published by Routledge. This book was released on 2016-03-10 with total page 189 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author : G. Schreyögg
Publisher : Springer
ISBN 13 : 0230274072
Total Pages : 265 pages
Book Rating : 4.75/5 ( download)

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Download or read book The Hidden Dynamics of Path Dependence written by G. Schreyögg and published by Springer. This book was released on 2009-11-12 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author : Paul Pierson
Publisher : Princeton University Press
ISBN 13 : 1400841089
Total Pages : 209 pages
Book Rating : 4.80/5 ( download)

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Download or read book Politics in Time written by Paul Pierson and published by Princeton University Press. This book was released on 2011-09-19 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: This groundbreaking book represents the most systematic examination to date of the often-invoked but rarely examined declaration that "history matters." Most contemporary social scientists unconsciously take a "snapshot" view of the social world. Yet the meaning of social events or processes is frequently distorted when they are ripped from their temporal context. Paul Pierson argues that placing politics in time--constructing "moving pictures" rather than snapshots--can vastly enrich our understanding of complex social dynamics, and greatly improve the theories and methods that we use to explain them. Politics in Time opens a new window on the temporal aspects of the social world. It explores a range of important features and implications of evolving social processes: the variety of processes that unfold over significant periods of time, the circumstances under which such different processes are likely to occur, and above all, the significance of these temporal dimensions of social life for our understanding of important political and social outcomes. Ranging widely across the social sciences, Pierson's analysis reveals the high price social science pays when it becomes ahistorical. And it provides a wealth of ideas for restoring our sense of historical process. By placing politics back in time, Pierson's book is destined to have a resounding and enduring impact on the work of scholars and students in fields from political science, history, and sociology to economics and policy analysis.

Author : Geoffrey Martin Hodgson
Publisher : Edward Elgar Publishing
ISBN 13 : 1847207030
Total Pages : 314 pages
Book Rating : 4.36/5 ( download)

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Download or read book The Evolution of Economic Institutions written by Geoffrey Martin Hodgson and published by Edward Elgar Publishing. This book was released on 2007-01-01 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author : Stan J.. Liebowitz
Publisher : Edward Elgar Publishing
ISBN 13 : 9781782545545
Total Pages : 0 pages
Book Rating : 4.49/5 ( download)

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Download or read book Path Dependence and Lock-in written by Stan J.. Liebowitz and published by Edward Elgar Publishing. This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.