Intellectual Path Dependence In Economics PDF Download

Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Intellectual Path Dependence In Economics PDF full book. Access full book title Intellectual Path Dependence In Economics.

Intellectual Path Dependence in Economics

Intellectual Path Dependence in Economics
Author: Altug Yalcintas
Publisher: Routledge
Total Pages: 189
Release: 2016-03-10
Genre: Business & Economics
ISBN: 131770469X

Download Intellectual Path Dependence in Economics Book in PDF, ePub and Kindle

Is economics always self-corrective? Do erroneous theorems permanently disappear from the market of economic ideas? Intellectual Path Dependence in Economics argues that errors in economics are not always corrected. Although economists are often critical and open-minded, unfit explanations are nonetheless able to reproduce themselves. The problem is that theorems sometimes survive the intellectual challenges in the market of economic ideas even when they are falsified or invalidated by criticism and an abundance of counter-evidence. A key question which often gets little or no attention is: why do economists not reject theories when they have been refuted by evidence and falsified by philosophical reasoning? This book explores the answer to this question by examining the phenomenon of intellectual path dependence in the history of economic thought. It argues that the key reason why economists do not reject refuted theories is the epistemic costs of starting to use new theories. Epistemic costs are primarily the costs of scarcity of the most valued element in academic production: time. Epistemic scarcity overwhelmingly dominates the evolution of scientific research in such a way that when researchers start off a new research project, they allocate time between replicable and un-replicable research. This book is essential reading for anyone interested in the methodology, philosophy and history of economics.


Intellectual Path Dependence in Economics

Intellectual Path Dependence in Economics
Author: Altuğ Yalçıntaş
Publisher:
Total Pages: 0
Release: 2016
Genre: Business & Economics
ISBN: 9781315781167

Download Intellectual Path Dependence in Economics Book in PDF, ePub and Kindle

Is economics always self-corrective? Do erroneous theorems permanently disappear from the market of economic ideas? Intellectual Path Dependence in Economics argues that errors in economics are not always corrected. Although economists are often critical and open-minded, unfit explanations are nonetheless able to reproduce themselves. The problem is that theorems sometimes survive the intellectual challenges in the market of economic ideas even when they are falsified or invalidated by criticism and an abundance of counter-evidence. A key question which often gets little or no attention is: why do economists not reject theories when they have been refuted by evidence and falsified by philosophical reasoning? This book explores the answer to this question by examining the phenomenon of intellectual path dependence in the history of economic thought. It argues that the key reason why economists do not reject refuted theories is the epistemic costs of starting to use new theories. Epistemic costs are primarily the costs of scarcity of the most valued element in academic production: time. Epistemic scarcity overwhelmingly dominates the evolution of scientific research in such a way that when researchers start off a new research project, they allocate time between replicable and un-replicable research. This book is essential reading for anyone interested in the methodology, philosophy and history of economics.


Increasing Returns and Path Dependence in the Economy

Increasing Returns and Path Dependence in the Economy
Author: W. Brian Arthur
Publisher: University of Michigan Press
Total Pages: 201
Release: 1994
Genre: Business & Economics
ISBN: 0472022407

Download Increasing Returns and Path Dependence in the Economy Book in PDF, ePub and Kindle

Pioneering work on an important new approach to economics.


The Economics of QWERTY

The Economics of QWERTY
Author: S. J. Liebowitz
Publisher: NYU Press
Total Pages: 286
Release: 2002-02
Genre: Business & Economics
ISBN: 9780814751787

Download The Economics of QWERTY Book in PDF, ePub and Kindle

The top left hand side of the keyboard reads "Q-W-E-R-T-Y." Is this inefficient layout an inefficient early development to which we are now forever committed? The "economics of QWERTY" describes cases in which it has been claimed that technologies which have become accepted are not as good as rival technologies. Perhaps they have been "locked in" at an early stage, preventing newer, better possibilities from taking hold. Distinguished economists Stan Liebowitz and Steven Margolis have critically examined the various aspects of the economics of QWERTY and its implications, calling into question the historical accuracy of the standard account of QWERTY and similar cases such as those of Beta/VHS and Macintosh/Windows. They contend that no plausible case of inferior standards being locked in has ever been documented, though much antitrust activity and legislative policy has been based on the belief in the occurrence of such cases. The Economics of Qwerty brings together into one volume Liebowitz and Margolis's essential contributions, remarkable for their eloquence and relevance, to consider these issues, which are of real and enduring importance for the functioning of the market economy. Together they constitute a complete account of the critique of the economics of QWERTY.


Path Dependence and Creation

Path Dependence and Creation
Author: Raghu Garud
Publisher: Psychology Press
Total Pages: 474
Release: 2013-05-13
Genre: Business & Economics
ISBN: 113570631X

Download Path Dependence and Creation Book in PDF, ePub and Kindle

The editors, aware of the recent work in evolutionary theory and the science of chaos and complexity, challenge the sometimes deterministic flavor of this subject. They are interested in uncovering the place of agency in these theories that take history so seriously. In the end, they are as interested in path creation and destruction as they are in path dependence. This book is compiled of both theoretical and empirical writings. It shows relatively well-known industries, such as the automobile, biotechnology, and semi-conductor industries in a new light. It also invites the reader to learn more about medical practices, wind power, lasers, and synthesizers. Primarily written for academicians, researchers, and Ph.D. students in fields related to technology management, this book is research-oriented and will appeal to all managers.


The Evolution of Path Dependence

The Evolution of Path Dependence
Author: Lars Magnusson
Publisher: Edward Elgar Publishing
Total Pages: 239
Release: 2009-01-01
Genre: Business & Economics
ISBN: 1848449267

Download The Evolution of Path Dependence Book in PDF, ePub and Kindle

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. With new perspectives on how the debate surrounding path dependence has evolved, this book will strongly appeal to postgraduate students and scholars of economic history, economic geography, political science and business studies.


New Frontiers in the Economics of Innovation and New Technology

New Frontiers in the Economics of Innovation and New Technology
Author: Cristiano Antonelli
Publisher: Edward Elgar Publishing
Total Pages: 495
Release: 2006-01-01
Genre: Technology & Engineering
ISBN: 1845427920

Download New Frontiers in the Economics of Innovation and New Technology Book in PDF, ePub and Kindle

This Festschrift explores the truly exceptional breadth and depth of Paul David s work, focusing upon his contributions to the topics of path dependence, the economics of knowledge, and the diffusion of technology. The book consists of 15 papers plus an introduction by the editors and an entertaining postscript by Dominique Foray. . . For economic historians, the papers on path dependence assembled in this book, and particularly the conceptual paper by Antonelli, should be essential reading. Nikolaus Wolf, Economic History Review Recent research on the economics of innovation has acknowledged the importance of path dependence and networks in the evolution of economies and the diffusion of new techniques, products, and processes. These are topics pioneered by Paul A. David, one of the world s leading scholars in the economics of innovation. This outstanding collection provides a fitting tribute to the diversity and depth of Paul David s contributions. The papers included range from simulation models of the evolution of market structure in the presence of innovation, through historical investigations of knowledge networks and empirical analysis of contemporary networks, to the analysis of the diffusion of innovations using simulation and analytic models and of the diffusion of knowledge using patent data. With an emphasis on simulation models, data analysis, and historical evidence, this book will be required reading for researchers in innovation economics and regional development as well as economists, sociologists, and historians of innovation and intellectual property.


Historical Analysis in Economics

Historical Analysis in Economics
Author: Graeme Snooks
Publisher: Routledge
Total Pages: 259
Release: 2019-10-19
Genre: Business & Economics
ISBN: 1134880774

Download Historical Analysis in Economics Book in PDF, ePub and Kindle

Neo-classical economics is frequently criticised for paying inadequate attention to historical processes. However, it has proved easier to make broad claims that `history matters' than to theorise with any depth about the appropriate role for history in economic analysis. Historical Analysis in Economics considers what history can contribute to the science of economics: how would it matter if `history mattered?'


Evolution and Path Dependence in Economic Ideas

Evolution and Path Dependence in Economic Ideas
Author: Pierre Garrouste
Publisher: Edward Elgar Publishing
Total Pages: 264
Release: 2001-01-01
Genre: Business & Economics
ISBN: 9781781950227

Download Evolution and Path Dependence in Economic Ideas Book in PDF, ePub and Kindle

Since the 1980s there has been a renewed interest in attempts to introduce a sense of history into economic literature. In this text, the authors argue that it is not possible to explain a state of the world without first analyzing the processes that lead to that state.