Evolution and Path Dependence in Economic Ideas: Past and Present

Eastern Economic Journal;  January 1, 2005 ;   Setterfield, Mark;   787 words ...Evolution and Path Dependence in Economic Ideas: Past and Present...directly address the question of how path dependence and economic evolution should...reconsiders the economics of path dependence and its public policy implications...

Guinnane, Timothy W., William A. Sundstrom, and Warren C. Whatley, eds....

History: Review of New Books;  June 22, 2004 ;   Humphries, Jane;   512 words ......themes, in its more technical guise of path dependence, is surely one of the major new ideas...contrast, many economic theories deny path dependence. Instead economies move toward unique...If economists instinctively eschew path dependence, historians embrace it, but all too...

Path Dependence and Knowledge Development in the Internationalization...

Management International Review;  October 1, 2000 ;   Eriksson, Kent Majkgard, Anders Sharma, D. Deo;   787 words ......knowledge structure. This is support for path dependence being an important phenomenon that...behaviour of a firm is path dependent. Path dependence is the incremental process where the...paper we investigate the issue of path dependence in the process underlying the ...

Increasing Returns, Path Dependence, and the Study of Politics.

American Political Science Review;  June 1, 2000 ;   PIERSON, PAUL;   787 words ......elaboration. This article conceptualizes path dependence as a social process grounded in a...processes as path dependent. Claims of path dependence have figured in both classic works...systems (Hacker 1998). The notion of path dependence is generally used to support a few...

Exotic but not entirely new. (exotic basket options)

Futures (Cedar Falls, Iowa);  December 1, 1992 ;     239 words ...Path dependence is one characteristic that separates...option is in-the-money at expiration. Path dependence diagrams a situation where the strike...are path dependent. Yet exotic as path dependence may seem, options traders should...

Disclosure as consumer protection: Unit purchasers' need for additional...

St. John's Law Review;  January 1, 1999 ;   Di Lorenzo, Vincent;   787 words ......PART ONE-FULL DISCLOSURE: CHANCE AND PATH DEPENDENCE A. Theoretical Foundations This article...one from chaos theory, another of path dependence, and a final one from modern evolutionary...characterize it as a product of chance. Path dependence maps onto an initial legislative ...

Noah and Joseph effects in government budgets: analyzing long-term...

Policy Studies Journal;  August 1, 2007 ;   Jones, Bryan D. Breunig, Christian;   787 words ......and Joseph in Government Budgets: Path Dependence or Long-Term Memory? In the broadest sense, path dependence implies that history matters. At...Political scientists have used path dependence in many of the ways that history...

Path Dependence in Ports: The Persistence of Cooperative Forms

Business History Review;  January 1, 2007 ;   van Driel, Hugo; Devos, Greta;   787 words ...The concept of path dependence is used to compare the evolution...opportunity to apply the concept of path dependence and to assess its analytical...opportunity to study the effects of path dependence on management and ownership...

Positive Feedback and Path Dependence Using the Law of Large Numbers.

The Journal of Economic Education;  March 22, 2001 ;   Matthews, Peter Hans;   787 words ......nontechnical introduction to recent work on path dependence. Key words: law of large numbers, path dependence, positive feedback, simulation JEL...introduction of hysteresis, a form of path dependence, to explain persistence in the levels...

The economic roots of environmental decline: property rights or path...

Journal of Economic Issues;  December 1, 1995 ;   Goodstein, Eban;   787 words ......1992]. This paper first explores how path dependence explains environmental decline and...and should move beyond regulation. Path dependence theory suggests a screen for successfully...minimizing rent-seeking behavior. Path Dependence and Environmental Decline Path ...

The Evolutionary Analysis of Economic Policy.

Journal of Economic Issues;  March 1, 2005 ;   Gregor, Martin;   787 words ......the topic by reference to path dependence effects within competing...Douglass North claimed that path dependence in a single jurisdiction...persist. Kerber and Heine show path dependence effects appear also in multiple...

Politics in Time

The Independent Review;  October 1, 2006 ;   Rutten, Andrew R;   787 words ......will probably go on to mention "path dependence," "lock in," and "irreversibility...matters. He calls this framework path dependence. Pierson realizes the irony of offering path dependence as the cure for overworked jargon...

Sustainable Fossil Fuels: The Unusual Suspects in the Quest for Clean and...

The Energy Journal;  July 1, 2007 ;   Gordon, Richard L.;   787 words ......event risk, geopolitical risk, and path dependence and using all three as reasons to fear nuclear power. The introduction of path dependence is particularly problematic. Neither...the implication of the work is that path dependence is simply that it is costly to introduce...

Politics in Time: History, Institutions and Social Analysis.(Book review)

Independent Review;  September 22, 2006 ;   Rutten, Andrew R.;   787 words ......we will probably go on to mention path dependence, lock in, and irreversibility. And...matters. He calls this framework path dependence. Pierson realizes the irony of offering path dependence as the cure for overworked jargon...

Institutions, Institutional Change, and Economic Performance

Business History Review;  April 1, 2006 ;   Jacobsen, Kurt;   787 words ......through his adoption of the concept of path dependence. And it is exactly this concept, with...development. However, when it comes to path dependence, there is less of a consensus. The...even be familiar with the concept of path dependence-the idea that small, early changes...