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Increasing Returns and Path Dependence in the Economy

by W. Brian Arthur

2021-02-03 09:47:52

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This book brings together Professor Arthur''s 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 b... Read more
This book brings together Professor Arthur''s 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.
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Book Details

ISBN9780472064960
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W. Brian Arthur
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W. Brian Arthur is an External Professor at the Santa Fe Institute and a Visiting Researcher at PARC (Palo Alto Research Center). Formerly he was Morrison Professor of Economics and Population Studies...

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