Increasing Returns and Path Dependence in the Economy Ebook

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Publication: University of Michigan Press
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Language: English
Publication Date: November 2009
Pages: 224
File Size: 14089 Kbytes

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ISBN: 9780472022403   Should I buy this Ebook?   Write a Review

Description

This book brings together Professor Arthur’s 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.

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Increasing Returns and Path Dependence in the Economy