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Increasing Returns and Path Dependence in the Economy
by W. Brian Arthur
University of Michigan Press, 1994
Cloth: 978-0-472-09496-7 | eISBN: 978-0-472-02240-3 | Paper: 978-0-472-06496-0
Library of Congress Classification HD69.S5A77 1994
Dewey Decimal Classification 330.0151

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ABOUT THIS BOOK

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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