Works
- Competing Technologies, Increasing Returns, and Lock-In by Historical Events, Economic Journal, 1989
- Increasing Returns and Path Dependence in the Economy, 1994
In Thinking Tools
Known for
An economist known for work on increasing returns and complexity economics. His 1989 paper showed how small chance events early in the adoption of competing technologies can lock a market into one of them, even an inferior one, which is the core case of path dependence.