Increasing Returns and Path Dependence in the EconomyUniversity of Michigan Press, 1994 - 201 pagina's This book brings together Professor Arthurs pioneering article and provide a comprehensive presentation of his exciting vision of an economics that incorporates increasing returns. After a decade of resistance from economists, these ideas are now being widely discussed and adopted, as Kenneth Arrow recounts in his foreword. In fundamental ways they are changing our views of the working economy. |
Inhoudsopgave
Positive Feedbacks in the Economy | 1 |
Competing Technologies Increasing Returns and LockIn by Historical Small Events | 13 |
PathDependent Processes and the Emergence of Macrostructure | 33 |
Industry Location Patterns and the Importance of History | 49 |
Information Contagion | 69 |
Urban Systems and Historical Path Dependence | 99 |
SelfReinforcing Mechanisms in Economics | 111 |
Path Dependence SelfReinforcement and Human Learning | 133 |
Strategic Pricing in Markets with Increasing Returns | 159 |
Strong Laws for a Class of PathDependent Stochastic Processes | 185 |
Overige edities - Alles bekijken
Veelvoorkomende woorden en zinsdelen
action adoption agents agglomeration economies algorithm allocation process Arthur asymptotic balls behavior calibrated choice choose Competing Technologies converge current proportions depends diminishing returns discount rate distribution dynamics early Econ economic economies of agglomeration emerge equation equilibrium Ermoliev example expected motion fixed points function q historical accident human learning increasing returns increasing-returns industry location information contagion model Kaniovski large numbers law of large Lemma locational pattern locational shares lock lock-in long-run Lyapunov Lyapunov function market share monopoly multiple equilibria Network Externalities optimal outcome paper parameters path path-dependent Path-Dependent Processes positive feedback positive probability potential preferences previous purchasers problem Proof QWERTY R-agents region result sampling Santa Fe Institute selected sequence simplex small events spatial standard stochastic approximation stochastic process stopping rule strong law structure Sudderth Suppose Theorem theory tion urn function Urn Problem Urn Processes Urn Schemes vector vertex zero
Verwijzingen naar dit boek
The Spatial Economy: Cities, Regions, and International Trade Masahisa Fujita,Paul R. Krugman,Anthony Venables Gedeeltelijke weergave - 2001 |
The Associational Economy: Firms, Regions, and Innovation Philip N. Cooke,Kevin Morgan Geen voorbeeld beschikbaar - 1998 |