Path dependence

In the social sciences, path dependence is the phenomenon of past events or decisions constraining or defining later events or decisions. It can describe outcomes at a single point in time or to the long-run equilibria of a process.

Source: Wikipedia — Path dependence (CC BY-SA 4.0)

Path dependence

In the social sciences, path dependence is the phenomenon of past events or decisions constraining or defining later events or decisions. It can describe outcomes at a single point in time or to the long-run equilibria of a process.

Source: Wikipedia "Path dependence" · CC BY-SA 4.0

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