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Table of contents (8 chapters)
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Front Matter
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Back Matter
Keywords
About this book
Reviews
'This book offers a thorough treatment of the long run economic implications of increasing-returns in production. It is written expertly, lucidly, and with verve. The economics profession will be grateful to Dr Agliardi for providing us with the first economic account of the analytics for path-dependence and of how and why history matters. The book is a wonderful achievement.' - Partha Dasgupta, Frank Ramsey Professor of Economics, University of Cambridge
'Economists have only recently embarked on theoretical studies of the process by which new techniques are adopted by firms. There are already a number of results: for instance, which of two alternatives will be universally adopted may be the outcome of a random process, firms may delay adoption in order to benefit from the experience of those who do adopt, outcomes are 'history dependent' etc. Dr Agliardi not only completely commands the literature but in this book makes a number of notable contributions of her own.' - Frank Hahn, Professor of Economics, Siena and Professor Emeritus of Economics, Cambridge
Authors and Affiliations
About the author
Bibliographic Information
Book Title: Positive Feedback Economies
Authors: Elettra Agliardi
DOI: https://doi.org/10.1057/9780230376212
Publisher: Palgrave Macmillan London
eBook Packages: Palgrave Economics & Finance Collection, Economics and Finance (R0)
Copyright Information: Palgrave Macmillan, a division of Macmillan Publishers Limited 1998
eBook ISBN: 978-0-230-37621-2Published: 09 February 1998
Edition Number: 1
Number of Pages: X, 154
Topics: Macroeconomics/Monetary Economics//Financial Economics, Economic Theory/Quantitative Economics/Mathematical Methods
Industry Sectors: Finance, Business & Banking