Path dependence
ACTIONS IN THE PRESENT WHICH ARE CONSTRAINED BY ACTIONS IN THE PAST
Path dependency; Path dependent; Path-dependence; Path-dependent; Path-dependency; Path independence; Path dependance
Path dependence is a concept in economics and the social sciences, referring to processes where past events or decisions constrain later events or decisions. It can be used to refer to outcomes at a single point in time or to long-run equilibria of a process.