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1 of 1 people found the following review helpful
Theoretical base for increasing returns in economics
2 April 2010
Format:Paperback
It's a collection of Professor Brian Arthur and his first articles on increasing returns, a non-orthodox economics view at the time.
It's very specific and at times repetitive. But it does give a full comprehension on the evolution of his thoughts and most the mathematical proof of his theories.
It's very specific and at times repetitive. But it does give a full comprehension on the evolution of his thoughts and most the mathematical proof of his theories.
1 of 1 people found the following review helpful
Fantastic Insights into Knowledge Economy
4 Oct 2009
Format:Paperback|Amazon Verified Purchase
Long overdue, modernized view of increasing returns specifically in Knowledge-based (as opposed to resources i.e., coal) economy. In short, often random and difficult to predict whether "best" technologies or services win and come to predominate in a Knowledge economy of increasing returns and having seen and lived this in the IT industry (over and over) this tome is proving to be unexpectedly relevant and accurate.
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