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path dependence
From Wiktionary, the free dictionary
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English
Alternative forms
Noun
path dependence (usually uncountable, plural path dependences)
- (countable) A situation in which the outcome varies with the route taken.
- (uncountable, economics) The theory that a technological option selected by the market need not be the technologically best one, because of the traction obtained by an early-introduced, technologically inferior alternative option.
Related terms
Translations
a situation
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See also
path dependence on Wikipedia.Wikipedia
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