Increasing Returns and Path Dependence in the Economy

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Bibliographic Details
Title: Increasing Returns and Path Dependence in the Economy
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.
Authors: W. Brian Arthur
Resource Type: eBook.
Subjects: Economies of scale--Mathematical models, Economic development--Mathematical models, Economics, Mathematical
Categories: BUSINESS & ECONOMICS / General, BUSINESS & ECONOMICS / Development / Business Development, BUSINESS & ECONOMICS / Economics / Microeconomics, BUSINESS & ECONOMICS / Economics / General
Database: eBook Collection (EBSCOhost)
Description
Abstract: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.
ISBN:9780472064960
9780472094967
9780472022403