Modeling, Measuring, and Distinguishing Path Dependence, Outcome Dependence, and Outcome Independence
John E. Jackson and
Ken Kollman
Political Analysis, 2012, vol. 20, issue 2, 157-174
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.
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:cup:polals:v:20:y:2012:i:02:p:157-174_01
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