path dependence

From Wiktionary, the free dictionary
Jump to navigation Jump to 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.
[edit]

Translations

[edit]

See also

[edit]
Retrieved from "https://en.wiktionary.org/w/index.php?title=path_dependence&oldid=70961598"