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- W2051205303 abstract "Path dependence is commonly used to describe processes where “history matters,” which encompasses many different kinds of temporal dynamics. This essay distinguishes path-, or equilibrium-, dependent processes where early conditions continue to matter, from outcome-dependent processes where recent history matters and from outcome-independent processes where history does not matter. Others have argued for a precise and restrictive definition of path dependence. We build on this and distinguish among different types of outcome-dependent processes when these conditions for path dependence are not fully satisfied." @default.
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- W2051205303 date "2012-01-01" @default.
- W2051205303 modified "2023-10-18" @default.
- W2051205303 title "Modeling, Measuring, and Distinguishing Path Dependence, Outcome Dependence, and Outcome Independence" @default.
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- W2051205303 doi "https://doi.org/10.1093/pan/mpr050" @default.
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