Scholar

Definition

Related concepts

David

(1985)

The order of path-dependent economic transformations is this: the consequences of a significant impact on the final outcome can be caused by events that are far away from time, including accidental events caused by accidental rather than systematic forces. A random process like this does not necessarily automatically converge to the result of a fixed-point dispersion, a process called non ergodic.

Accidental events

Non-ergodicity

Arthur

(1989)

Under the positive feedback mechanism, the increasing result leads to the preference of a particular technology and the dominant position.

Increased returns

Liebowitz,

Margolis

(1995)

Path dependency refers to a small or inconspicuous advantage or a seemingly technical, product or standard irrelevant matters may have an important and irreversible effect on the ultimate resource allocation market, even if the real world is composed of individuals with autonomous decisions and individual interests maximizing behavior.

Tiny event

Irreversible

Sewell

(1996)

Path dependency is what happened earlier to have an impact on the possible outcome of subsequent events.

The role of historical development

Pierson

(2000)

A path-dependent history or time process characterized by a self-reinforcing event order.

Self-reinforcing

Schmidt,

Spindler (2002)

Path dependence is caused by the conversion cost and evolving myopia

Conversion cost Evolving myopia

Sydow

(2005)

Path dependence is a continuous process, in the positive feedback mechanism, due to accidental factors or personal preferences and local search to enter the positive feedback, self-improvement stage.

Positive feedback

Lock-in

Ebbinghaus

(2005)

There are two kinds of path dependence: one is the unplanned “country road”, is randomly selected by the people and later repeated, naturally formed the road; the other is the “road jungle” in each fork Point must choose one to continue to move forward.

Random selection