Theoretical and public policy debates on these issues have arisen, addressing whether markets consistently choose the best products. This introduction to the concept of path dependence, its pertinence for the development of historical social science, and its application in economic analysis and economic history, proceeds from. A foundational concept for historical social science article pdf available in cliometrica 12. Using the url or doi link below will ensure access to this page indefinitely. In some sense, of course, we are always locked in to a number of things. A concluding section applies the notion of lockin reflexively to the evolution of economic analysis, suggesting that resistence to historical economics is a manifestation of sunk cost hysteresis in the sphere of human cognitive development. Path dependence, its critics, and the quest for historical.
Pdf path dependence, its critics and the quest for. Path dependence, lockin, and history the journal of law. Path dependence, lockin, and history article pdf available in journal of law economics and organization 111. Pdf path dependence, its critics, and the quest for.
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