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Path Dependence and Public Policy: Lessons from Economics

In: The Evolution of Path Dependence

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  • Stephen E. Margolis

Abstract

The notion and interpretation of path dependence have been discussed and utilized in various social sciences during the last two decades. This innovative book provides significant new insights onto how the different applications of path dependence have developed and evolved. The authors suggest that there has been a definite evolution from applications of path dependence in the history of technology towards other fields of social science. They also discuss the various definitions of path dependence (strong or weak) and explore the potential applications of path dependence in new areas such as political economy and economic geography.

Suggested Citation

  • Stephen E. Margolis, 2009. "Path Dependence and Public Policy: Lessons from Economics," Chapters, in: Lars Magnusson & Jan Ottosson (ed.), The Evolution of Path Dependence, chapter 7, Edward Elgar Publishing.
  • Handle: RePEc:elg:eechap:2862_7
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    File URL: https://www.elgaronline.com/view/9781843761372.00014.xml
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    Cited by:

    1. Hartell, Ann, 2013. "Path dependence in economic theory and research," SRE-Discussion Papers 2013/03, WU Vienna University of Economics and Business.

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    Keywords

    Economics and Finance;

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