path dependence

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English[edit]

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Noun[edit]

path dependence (usually uncountable, plural path dependences)

  1. (countable) A situation in which the outcome varies with the route taken.
  2. (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.

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