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Record Nr. |
UNINA9910816898603321 |
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Autore |
Arthur W. Brian |
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Titolo |
Increasing returns and path dependence in the economy / / W. Brian Arthur ; with a foreword by Kenneth J. Arrow |
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Pubbl/distr/stampa |
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Ann Arbor, : University of Michigan Press, 1994 |
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ISBN |
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1-282-42357-6 |
9786612423574 |
0-472-02240-7 |
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Edizione |
[1st ed.] |
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Descrizione fisica |
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1 online resource (225 p.) |
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Collana |
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Economics, cognition, and society |
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Disciplina |
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Soggetti |
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Economic development - Mathematical models |
Economics, Mathematical |
Economies of scale - Mathematical models |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Description based upon print version of record. |
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Nota di bibliografia |
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Includes bibliographical references. |
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Nota di contenuto |
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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 |
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Sommario/riassunto |
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Pioneering work on an important new approach to economics. |
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