Increasing Returns and Path Dependence in the Economy

W. Brian Arthur

• 26 oktober 1994
• 9780472064960

Samenvatting:

Pioneering work on an important new approach to economics.

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.