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Path Dependence: A Foundational Concept for Historical Social Science

In: Law, Economics and Evolutionary Theory

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  • Paul A. David

Abstract

Law and economics has arguably become one of the most influential theories in contemporary legal theory and adjudication. The essays in this volume, authored by both legal scholars and economists, constitute lively and critical engagements between law and economics and new institutional economics from the perspectives of legal and evolutionary theory. The result is a fresh look at core concepts in law and economics – such as ‘institutions’, ‘institutional change’ and ‘market failure‘ – that offer new perspectives on the relationship between economic and legal governance.

Suggested Citation

  • Paul A. David, 2011. "Path Dependence: A Foundational Concept for Historical Social Science," Chapters, in: Peer Zumbansen & Gralf-Peter Calliess (ed.), Law, Economics and Evolutionary Theory, chapter 4, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:13732_4
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    Cited by:

    1. Antonelli, Cristiano & Crespi, Francesco, 2013. "The "Matthew effect" in R&D public subsidies: The Italian evidence," Technological Forecasting and Social Change, Elsevier, vol. 80(8), pages 1523-1534.
    2. Wahl, Fabian, 2016. "Does medieval trade still matter? Historical trade centers, agglomeration and contemporary economic development," Regional Science and Urban Economics, Elsevier, vol. 60(C), pages 50-60.
    3. Souza, Roberta de Castro & Neto, João Amato, 2010. "The Entry of Brazilian Fresh Fruit Small and Medium Producers Into the Global Market," Brazilian Journal of Rural Economy and Sociology (Revista de Economia e Sociologia Rural-RESR), Sociedade Brasileira de Economia e Sociologia Rural, vol. 48(3), pages 1-18.
    4. Dieter Bögenhold, 2008. "„Social embeddedness”: how new economic sociology goes into the offensive and meets the own roots," The Journal of Philosophical Economics, Bucharest Academy of Economic Studies, The Journal of Philosophical Economics, vol. 2(1), pages 76-114, November.
    5. Claude Diebolt, 2011. "The Stakes of Cliometrics in Ancient History," Historical Social Research (Section 'Cliometrics'), Association Française de Cliométrie (AFC), vol. 36(3), pages 350-361.
    6. Claude Diebolt & Faustine Perrin, 2013. "From Stagnation to Sustained Growth: The Role of Female Empowerment," American Economic Review, American Economic Association, vol. 103(3), pages 545-549, May.
    7. Tsekouras, Kostas & Chatzistamoulou, Nikos & Kounetas, Kostas & Broadstock, David C., 2016. "Spillovers, path dependence and the productive performance of European transportation sectors in the presence of technology heterogeneity," Technological Forecasting and Social Change, Elsevier, vol. 102(C), pages 261-274.
    8. Antonelli, Cristiano, 2013. "The Economic Complexity of Innovation as a Creative Response," Department of Economics and Statistics Cognetti de Martiis. Working Papers 201326, University of Turin.
    9. J-L.Demeulemeester & C.Diebolt, 2011. "New Institutional History of the Adaptive Efficiency of Higher Education Systems. Lessons from the Prussian Engineering Education: 1806-1914," Economies et Sociétés (Serie 'Histoire Economique Quantitative'), Association Française de Cliométrie (AFC), issue 43, pages 33-63, January.
    10. Werner Pascha & Cornelia Storz & Markus Taube, 2011. "Coordination between Inertia and Dynamic Development: An Overview of Issues and Contributions," Chapters, in: Werner Pascha & Cornelia Storz & Markus Taube (ed.), Institutional Variety in East Asia, chapter 1, Edward Elgar Publishing.
    11. Marciano, Alain & Khalil, Elias L., 2012. "Optimization, path dependence and the law: Can judges promote efficiency?," International Review of Law and Economics, Elsevier, vol. 32(1), pages 72-82.
    12. Roman Jurowetzki, 2015. "Unpacking Big Systems - Natural Language Processing meets Network Analysis. A Study of Smart Grid Development in Denmark," SPRU Working Paper Series 2015-15, SPRU - Science Policy Research Unit, University of Sussex Business School.
    13. Jean-Pierre H. Dubé & Günter J. Hitsch & Pradeep K. Chintagunta, 2010. "Tipping and Concentration in Markets with Indirect Network Effects," Marketing Science, INFORMS, vol. 29(2), pages 216-249, 03-04.
    14. Frank Neffke & Martin Henning, 2011. "Entrepreneurship Diversification, Skill Relatedness and Regional Economic Evolution," ERSA conference papers ersa10p937, European Regional Science Association.
    15. Zamagni, Vera, 2010. "What is the Message of 'Understanding the Process of Economic Change' for Economic Historians?," Structural Change and Economic Dynamics, Elsevier, vol. 21(2), pages 157-163, May.
    16. Cristiano Antonelli, 2011. "The Economic Complexity of Technological Change: Knowledge Interaction and Path Dependence," Chapters, in: Cristiano Antonelli (ed.), Handbook on the Economic Complexity of Technological Change, chapter 1, Edward Elgar Publishing.
    17. Kauffman, Robert J. & Liu, Jun & Ma, Dan, 2015. "Innovations in financial IS and technology ecosystems: High-frequency trading in the equity market," Technological Forecasting and Social Change, Elsevier, vol. 99(C), pages 339-354.
    18. Aghion, Philippe & David, Paul A. & Foray, Dominique, 2009. "Science, technology and innovation for economic growth: Linking policy research and practice in 'STIG Systems'," Research Policy, Elsevier, vol. 38(4), pages 681-693, May.
    19. Cristiano Antonelli & Francesco Crespi & Giuseppe Scellato, 2018. "Productivity growth persistence: firm strategies, size and system properties," Chapters, in: The Evolutionary Complexity of Endogenous Innovation, chapter 8, pages 176-202, Edward Elgar Publishing.
    20. Saeki, Yasuo & Horak, Sven, 2013. "The role of trust in cultivating relation-specific skills: The case of a multinational automotive supplier in Japan and Germany," Working Papers on East Asian Studies 95/2013, University of Duisburg-Essen, Institute of East Asian Studies IN-EAST.
    21. Gretz, Richard T., 2010. "Hardware quality vs. network size in the home video game industry," Journal of Economic Behavior & Organization, Elsevier, vol. 76(2), pages 168-183, November.

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