path dependence

path dependence
a) A situation in which the outcome varies with the route taken.
b) The theory that a technological option selected by the market need not be the technologically best one, because of the traction obtained by an early-introduced, technologically inferior alternative option.
See Also: lock-in

Wikipedia foundation.

Игры ⚽ Нужно сделать НИР?

Look at other dictionaries:

  • Path dependence — explains how the set of decisions one faces for any given circumstance is limited by the decisions one has made in the past, even though past circumstances may no longer be relevant. [Definition from [http://poopthebook.com/blog/?p=20 Our Love Of …   Wikipedia

  • path dependence — path dependence, the theory that one particular choice will determine a series of results: »A hypothesis called “path dependence”…suggests that, in choosing standards and technologies, our market based economy frequently locks us into bad… …   Useful english dictionary

  • Path integral formulation — This article is about a formulation of quantum mechanics. For integrals along a path, also known as line or contour integrals, see line integral. The path integral formulation of quantum mechanics is a description of quantum theory which… …   Wikipedia

  • Route-dependence — In theoretical physics, the issue of route dependence deals with whether a selected differential between two points is taken as , or as being partly a function of the route along which comparative measurements are taken. It usually applies in… …   Wikipedia

  • Alcohol dependence — Alcohol dependence, as described in the DSM IV, is a psychiatric diagnosis describing a physical dependence on alcohol. For a person to meet criteria for Alcohol Dependence (303.90) within the criteria listed in the DSM IV, they must meet 3 of a… …   Wikipedia

  • Historical institutionalism — (HI) is a social science method that uses institutions in order to find sequences of social, political, economic behavior and change across time. It is a comparative approach to the study of all aspects of human organizations and does so by… …   Wikipedia

  • Determinism — This article is about the general notion of determinism in philosophy. For other uses, see Determinism (disambiguation). Not to be confused with Fatalism, Predeterminism, or Predictability. Certainty series …   Wikipedia

  • Monte Carlo methods in finance — Monte Carlo methods are used in finance and mathematical finance to value and analyze (complex) instruments, portfolios and investments by simulating the various sources of uncertainty affecting their value, and then determining their average… …   Wikipedia

  • Vendor lock-in — Marketing Key concepts Product marketing · Pricing …   Wikipedia

  • Общая теория систем — (теория систем)  научная и методологическая концепция исследования объектов, представляющих собой системы. Она тесно связана с системным подходом и является конкретизацией его принципов и методов. Первый вариант общей теории систем был… …   Википедия

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”