haku: @indexterm Efficiency / yhteensä: 625
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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 tietueen numero: 213980
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