Article citationsMore>>

W. B. Arthur, “Increasing Returns and Path Dependence in the Economy,” University of Michigan Press, Ann Arbor, 1994.

has been cited by the following article:

• TITLE: Evolutionary Gaming Analysis of Path Dependence in Green Construction Technology Change

  AUTHORS: Xian-Feng Zhang, Chuan-Min Shuai, Pei-Song Gong, Han Sun

  KEYWORDS: Green Construction Technology; Path Dependent; Evolutionary Game

  JOURNAL NAME: iBusiness, Vol.4 No.3, September 27, 2012

  ABSTRACT: In the context of instigating green construction technology by changing current technology practices, evolutionary game theory is used to solve path dependence problems that yield stable equilibrium. Replicating dynamic gaming shows that in inducing technological change some problems concerning multiple equilibrium definitely exist and that profit is the prime motivation to use or supply new technology. The model also shows that a lock-in of a current tech-nology can be broken as a consequence of players’ studies.