Increasing Returns and Path Dependence in the Economy

Increasing Returns and Path Dependence in the Economy PDF Author: W. Brian Arthur
Publisher: University of Michigan Press
ISBN: 0472022407
Category : Business & Economics
Languages : en
Pages : 201

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Book Description
Pioneering work on an important new approach to economics.

Increasing Returns and Path Dependence in the Economy

Increasing Returns and Path Dependence in the Economy PDF Author: W. Brian Arthur
Publisher: University of Michigan Press
ISBN: 0472022407
Category : Business & Economics
Languages : en
Pages : 201

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Book Description
Pioneering work on an important new approach to economics.

Increasing Returns and Path Dependence in the Economy

Increasing Returns and Path Dependence in the Economy PDF Author: W. Brian Arthur
Publisher: University of Michigan Press
ISBN: 9780472022403
Category : Business & Economics
Languages : en
Pages : 228

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Book Description
Pioneering work on an important new approach to economics.

Urban Systems and Historical Path-dependence

Urban Systems and Historical Path-dependence PDF Author: W. Brian Arthur
Publisher:
ISBN:
Category :
Languages : en
Pages : 11

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Book Description


The Nature of Technology

The Nature of Technology PDF Author: W. Brian Arthur
Publisher: Penguin UK
ISBN: 0141031638
Category : Business & Economics
Languages : en
Pages : 261

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Book Description
The Nature of Technology will change the way you think about this fundamental subject forever. W. Brian Arthur's many years of thinking and writing about technology have culminated in a unique understanding of his subject. Here he examines the nature of technology itself: what is it and how does it evolve? Giving rare insights into the evolution of specific technologies and a new framework for thinking about others, every sentence points to some further truth and fascination. At a time when we are ever more reliant on technological solutions for the world's problems, it is extraordinary how little we actually understand the processes that lead to innovation and invention. Until now. This will be a landmark book that will define its subject, and inspire people to think about technology in depth for the very first time.

The Economy As An Evolving Complex System II

The Economy As An Evolving Complex System II PDF Author: W. Brian Arthur
Publisher: CRC Press
ISBN: 0429976267
Category : Mathematics
Languages : en
Pages : 428

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Book Description
A new view of the economy as an evolving, complex system has been pioneered at the Santa Fe Institute over the last ten years, This volume is a collection of articles that shape and define this view?a view of the economy as emerging from the interactions of individual agents whose behavior constantly evolves, whose strategies and actions are always adapting.The traditional framework in economics portrays activity within an equilibrium steady state. The interacting agents in the economy are typically homogenous, solve well-defined problems using perfect rationality, and act within given legal and social structures. The complexity approach, by contrast, sees economic activity as continually changing?continually in process. The interacting agents are typically heterogeneous, they must cognitively interpret the problems they face, and together they create the structures?markets, legal and social institutions, price patters, expectations?to which they individually react. Such structures may never settle down. Agents may forever adapt and explore and evolve their behaviors within structures that continually emerge and change and disappear?structures these behaviors co-create. This complexity approach does not replace the equilibrium one?it complements it.The papers here collected originated at a recent conference at the Santa Fe Institute, which was called to follow up the well-known 1987 SFI conference organized by Philip Anderson, Kenneth Arrow, and David Pines. They survey the new study of complexity and the economy. They apply this approach to real economic problems and they show the extent to which the initial vision of the 1987 conference has come to fruition.

Complexity and the Economy

Complexity and the Economy PDF Author: W. Brian Arthur
Publisher: Oxford University Press, USA
ISBN: 0199334293
Category : Business & Economics
Languages : en
Pages : 241

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Book Description
A collection of previous published papers by the author on the subject of complexity economics, appearing from the 1980s to the present.

Politics in Time

Politics in Time PDF Author: Paul Pierson
Publisher: Princeton University Press
ISBN: 1400841089
Category : Political Science
Languages : en
Pages : 209

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Book Description
This groundbreaking book represents the most systematic examination to date of the often-invoked but rarely examined declaration that "history matters." Most contemporary social scientists unconsciously take a "snapshot" view of the social world. Yet the meaning of social events or processes is frequently distorted when they are ripped from their temporal context. Paul Pierson argues that placing politics in time--constructing "moving pictures" rather than snapshots--can vastly enrich our understanding of complex social dynamics, and greatly improve the theories and methods that we use to explain them. Politics in Time opens a new window on the temporal aspects of the social world. It explores a range of important features and implications of evolving social processes: the variety of processes that unfold over significant periods of time, the circumstances under which such different processes are likely to occur, and above all, the significance of these temporal dimensions of social life for our understanding of important political and social outcomes. Ranging widely across the social sciences, Pierson's analysis reveals the high price social science pays when it becomes ahistorical. And it provides a wealth of ideas for restoring our sense of historical process. By placing politics back in time, Pierson's book is destined to have a resounding and enduring impact on the work of scholars and students in fields from political science, history, and sociology to economics and policy analysis.

The Economics of QWERTY

The Economics of QWERTY PDF Author: S. J. Liebowitz
Publisher: NYU Press
ISBN: 9780814751787
Category : Business & Economics
Languages : en
Pages : 286

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Book Description
The top left hand side of the keyboard reads "Q-W-E-R-T-Y." Is this inefficient layout an inefficient early development to which we are now forever committed? The "economics of QWERTY" describes cases in which it has been claimed that technologies which have become accepted are not as good as rival technologies. Perhaps they have been "locked in" at an early stage, preventing newer, better possibilities from taking hold. Distinguished economists Stan Liebowitz and Steven Margolis have critically examined the various aspects of the economics of QWERTY and its implications, calling into question the historical accuracy of the standard account of QWERTY and similar cases such as those of Beta/VHS and Macintosh/Windows. They contend that no plausible case of inferior standards being locked in has ever been documented, though much antitrust activity and legislative policy has been based on the belief in the occurrence of such cases. The Economics of Qwerty brings together into one volume Liebowitz and Margolis's essential contributions, remarkable for their eloquence and relevance, to consider these issues, which are of real and enduring importance for the functioning of the market economy. Together they constitute a complete account of the critique of the economics of QWERTY.

The Hidden Dynamics of Path Dependence

The Hidden Dynamics of Path Dependence PDF Author: G. Schreyögg
Publisher: Springer
ISBN: 0230274072
Category : Business & Economics
Languages : en
Pages : 265

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Book Description
The theory of path dependence continues to attract great interest in a range of disciplines. An increasing number of scholars have started to explicitly use this theory for studying organizational inertia and institutional rigidities. This volume presents a collection of papers from various international conferences that address these issues.

Institutions, Institutional Change and Economic Performance

Institutions, Institutional Change and Economic Performance PDF Author: Douglass C. North
Publisher: Cambridge University Press
ISBN: 9780521397346
Category : Political Science
Languages : en
Pages : 164

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Book Description
An analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies is developed in this analysis of economic structures.