“[Market outcomes] depends on the cumulation of random events.”
Source: Competing Technologies, Increasing Returns and Lock-in by Historical Events, (1989), p. 124; as cited in: Tobias Georg Meyer (2012) Path Dependence in Two-sided Markets. p. 244
“[Market outcomes] depends on the cumulation of random events.”
Source: Competing Technologies, Increasing Returns and Lock-in by Historical Events, (1989), p. 124; as cited in: Tobias Georg Meyer (2012) Path Dependence in Two-sided Markets. p. 244
Source: Increasing Returns and Path Dependence in the Economy, (1994), p. 1: Chapter 1. Positive feedback in economics
Source: Inductive Reasoning and Bounded Rationality (The El Farol Problem) (1994), p. 8
Arthur, W. Brian. "Increasing Returns and the New World of Business." Harvard business review 74.4 (1996): p. 100
Source: Competing Technologies, Increasing Returns and Lock-in by Historical Events, (1989), p. 116