Difference between revisions of "Path dependence"
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| − | Path dependence is an economic condition in which the outcome of a sequence of economic changes depends on events remote in time from each other, especially when those events are heavily influenced by chance. | + | '''Path dependence''' is an [[economy|economic]] condition in which the outcome of a sequence of economic changes depends on events remote in time from each other, especially when those events are heavily influenced by chance.<ref>http://eh.net/encyclopedia/article/puffert.path.dependence</ref> |
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| + | == References == | ||
| + | <references/> | ||
| + | [[Category:Economics]] | ||
Latest revision as of 17:17, July 13, 2016
Path dependence is an economic condition in which the outcome of a sequence of economic changes depends on events remote in time from each other, especially when those events are heavily influenced by chance.[1]
