Increasing Returns and Path Dependence in the Economy (Econo

ISBN: 0472064967

Author: Arthur, W. Brian

Condition: new

This book brings together Professor Arthurs 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.