path dependence

Definition from Wiktionary, the free dictionary
Jump to: navigation, search

English[edit]

Alternative forms[edit]

Noun[edit]

path dependence (usually uncountable, plural path dependences)

  1. (countable) A situation in which the outcome varies with the route taken.
  2. (uncountable, economics) 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.

Related terms[edit]

Translations[edit]

See also[edit]