1.

Record Nr.

UNINA9910456347203321

Autore

Arthur W. Brian

Titolo

Increasing Returns and Path Dependence in the Economy [[electronic resource]]

Pubbl/distr/stampa

Ann Arbor, : University of Michigan Press, 2009

ISBN

1-282-42357-6

9786612423574

0-472-02240-7

Descrizione fisica

1 online resource (225 p.)

Collana

Economics, Cognition, And Society

Disciplina

330/.01/51

Soggetti

Economic development -- Mathematical models

Economics, Mathematical

Economies of scale -- Mathematical models

Electronic books. -- local

Economies of scale - Mathematical models

Economic development - Mathematical models

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di contenuto

Contents ; Foreword ; Preface ; Acknowledgments ; 1. Positive Feed backs in the Economy ; 2. Competing Technologies, Increasing Returns, and Lock-in By Historical Small Events; 3. Path-Dependent Processes and the Emergence of Macrostructure ; 4. Industry Location Patterns and the Importance of History; 5. Information Contagion ; 6.  Urban Systems And Historical Path Dependence; 7. Self-Reinforcing Mechanisms in Economics ; 8.  Path Dependence, Self-Reinforcement, and Human Learning; 9. Strategic Pricing in Markets with Increasing Returns

10. Strong Laws for a Class of Path-Dependent Stochastic Processes

Sommario/riassunto

Pioneering work on an important new approach to economics.