WebJul 4, 2024 · Research has also revealed that self-reinforcing mechanisms and the resulting paths become gradually inscribed into the ‘social fabric’ of organizations (Koch 2011 ), and how path-dependent organizations tend to stabilize and (pathologically) perpetuate a ‘rigidified action pattern,’ even in times of eruptive (environmental) changes and severe … WebJul 24, 2000 · After describing an illustrative model in which high unemployment may cause an exchange- rate crisis with self-fulfilling features, the paper reviews some other self-reinforcing mechanisms. Recent econometric evidence seems to support the practical importance of these mechanisms.
Agency in the face of path dependence: how organizations can regain …
http://barrett.dyson.cornell.edu/Papers/Barrett%20Carter%20Poverty%20Traps%2012%20May%20revision.pdf WebSelf-Reinforcing Mechanisms in Economics: with Two Case-Studies from Shipping Industry Alexandros M. Goulielmos1,2 1Maritime Division, Business College of Athens, Athens, … ps2 must plays
Models of Currency Crises with Self-Fulfilling Features
WebSelf-Reinforcing Mechanisms in Economics: with Two Case-Studies from Shipping Industry Alexandros M. Goulielmos 1,2 1 Maritime Division, Business College of Athens, Athens, Greece. 2 Department of Maritime Studies, University of Piraeus, Piraeus, Greece. DOI: 10.4236/me.2024.97085 PDF HTML XML 765 Downloads 1,971 Views Abstract WebJournal of Economic Perspectives—Volume 28, Number 3—Summer 2014—Pages 127–148 I n 1960, per capita incomes in Burundi, Haiti, and Nicaragua were $347, $1,512, ... explanation is a “poverty trap,” which can be understood as a set of self-reinforcing mechanisms whereby countries start poor and remain poor: poverty begets poverty, WebArthur, Brian W. Self-enforcing Mechanisms in Economics, 1987 - Archives & Manuscripts at Duke University Libraries Back to top Douglass Cecil North papers, 1942-2012 and … retin a and tretinoin difference