haku: @journal_id 793 / yhteensä: 151
viite: 22 / 151
Tekijä: | Altman, M. |
Otsikko: | A behavioral model of path dependency: the economics of profitable inefficiency and market failure |
Lehti: | Journal of Socio-Economics
2000 : VOL. 29:2, p. 127-145 |
Asiasana: | Econometric models Efficiency Market conditions |
Kieli: | eng |
Tiivistelmä: | A model of path dependency is developed, grounded in behavioral economics, where it becomes possible and reasonable to expect a multiplicity of equilibrium solutions to identical economic problems and for the dominant solution to be sub-optimal and inefficient. |
SCIMA