{"id":"https://openalex.org/W158109167","doi":"https://doi.org/10.1201/9780429492846-2","title":"Self-Reinforcing Mechanisms in Economics","display_name":"Self-Reinforcing Mechanisms in Economics","publication_year":2018,"publication_date":"2018-11-15","ids":{"openalex":"https://openalex.org/W158109167","doi":"https://doi.org/10.1201/9780429492846-2","mag":"158109167"},"language":"en","primary_location":{"id":"doi:10.1201/9780429492846-2","doi":"https://doi.org/10.1201/9780429492846-2","is_oa":false,"landing_page_url":"https://doi.org/10.1201/9780429492846-2","pdf_url":null,"source":{"id":"https://openalex.org/S4306463075","display_name":"CRC Press eBooks","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/P4310320584","host_organization_name":"CRC Press","host_organization_lineage":["https://openalex.org/P4310320584","https://openalex.org/P4310320547"],"host_organization_lineage_names":["CRC Press","Taylor & Francis"],"type":"ebook platform"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"The Economy as an Evolving Complex System","raw_type":"book-chapter"},"volume":{"id":"https://openalex.org/W566112822","display_name":"The Economy as an Evolving Complex System"},"type":"book-chapter","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5005265336","display_name":"W. Brian Arthur","orcid":"https://orcid.org/0000-0001-7429-5954","observed_orcids":["https://orcid.org/0000-0001-7429-5954","https://orcid.org/0000-0003-2826-3892"]},"institutions":[],"countries":[],"is_corresponding":true,"raw_author_name":"W. Brian Arthur","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":["https://openalex.org/A5005265336"],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":70.7811,"has_fulltext":false,"cited_by_count":220,"citation_normalized_percentile":{"value":0.99848879,"is_in_top_1_percent":true,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":93,"max":100},"biblio":{"volume":null,"issue":null,"first_page":"9","last_page":"31"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10785","display_name":"Economic Theory and Institutions","score":0.7656000256538391,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10785","display_name":"Economic Theory and Institutions","score":0.7656000256538391,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12659","display_name":"Innovation Diffusion and Forecasting","score":0.09610000252723694,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12137","display_name":"Economic theories and models","score":0.04399999976158142,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/self-reinforcing-mechanisms","display_name":"self-reinforcing mechanisms","score":0.9990000128746033},{"id":"https://openalex.org/keywords/lock-in","display_name":"lock-in","score":0.9520000219345093},{"id":"https://openalex.org/keywords/path-dependence","display_name":"path dependence","score":0.996999979019165},{"id":"https://openalex.org/keywords/multiple-equilibria","display_name":"multiple equilibria","score":0.9879999756813049},{"id":"https://openalex.org/keywords/positive-feedback","display_name":"positive feedback","score":0.8330000042915344},{"id":"https://openalex.org/keywords/increasing-returns","display_name":"increasing returns","score":0.8820000290870667},{"id":"https://openalex.org/keywords/dynamical-systems","display_name":"dynamical systems","score":0.6430000066757202},{"id":"https://openalex.org/keywords/proprietary-technology","display_name":"proprietary technology","score":0.5759999752044678},{"id":"https://openalex.org/keywords/sequential-decision-making","display_name":"sequential decision making","score":0.5339999794960022},{"id":"https://openalex.org/keywords/economic-dynamics","display_name":"economic dynamics","score":0.38999998569488525}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.43774980306625366},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.4223371148109436}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1201/9780429492846-2","doi":"https://doi.org/10.1201/9780429492846-2","is_oa":false,"landing_page_url":"https://doi.org/10.1201/9780429492846-2","pdf_url":null,"source":{"id":"https://openalex.org/S4306463075","display_name":"CRC Press eBooks","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/P4310320584","host_organization_name":"CRC Press","host_organization_lineage":["https://openalex.org/P4310320584","https://openalex.org/P4310320547"],"host_organization_lineage_names":["CRC Press","Taylor & Francis"],"type":"ebook platform"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"The Economy as an Evolving Complex System","raw_type":"book-chapter"}],"best_oa_location":null,"sustainable_development_goals":[],"sustainable_development_goals_aurora":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":1,"referenced_works":["https://openalex.org/W2065436822"],"related_works":["https://openalex.org/W2494008150","https://openalex.org/W632938846","https://openalex.org/W3174190168","https://openalex.org/W2479072952","https://openalex.org/W4255085384","https://openalex.org/W7154457597","https://openalex.org/W1958188960","https://openalex.org/W2547854992","https://openalex.org/W7111431394","https://openalex.org/W7207357033"],"abstract_inverted_index":{"This":[0],"chapter":[1,35,63],"looks":[2],"at":[3],"corresponding":[4],"dynamical":[5],"systems":[6,42],"in":[7,17],"economics.":[8],"It":[9,51],"shows":[10],"that":[11,99,122,143,147,155],"the":[12,54,70,86,92,123,135,144],"presence":[13],"of":[14,25,58,66,72,88,134],"self-reinforcing":[15,77],"mechanisms,":[16],"very":[18,75],"different":[19,23],"problems":[20],"drawn":[21],"from":[22],"sub-fields":[24],"economics,":[26],"gives":[27],"rise":[28],"to":[29,105,128],"common":[30,32],"themes,":[31],"features.":[33],"The":[34,62],"discusses":[36],"analogies":[37],"with":[38,45,149],"physical":[39],"and":[40,43,60,69,94],"biological":[41],"illustrates":[44],"theory":[46,81],"wherever":[47],"it":[48,96,126],"is":[49,82],"available.":[50],"focuses":[52],"on":[53,85,91],"less":[55],"familiar":[56],"properties":[57],"lock-in":[59,73,112],"path-dependence.":[61],"provides":[64],"examples":[65],"multiple":[67],"equilibria":[68],"dynamics":[71],"under":[74],"particular":[76],"mechanisms.":[78],"Conventional":[79],"economic":[80,110],"built":[83],"largely":[84],"assumption":[87],"diminishing":[89],"returns":[90],"margin;":[93],"so":[95],"may":[97],"seem":[98],"positive":[100],"feedback,":[101],"increasing-returns-on-the-margin":[102],"mechanisms":[103],"ought":[104],"be":[106],"rare.":[107],"In":[108,131],"many":[109],"systems,":[111],"happens":[113],"dynamically,":[114],"as":[115],"sequential":[116],"decisions":[117],"\"groove\"":[118],"out":[119],"an":[120],"advantage":[121],"system":[124],"finds":[125],"hard":[127],"escape":[129],"from.":[130],"a":[132],"version":[133],"stochastic":[136],"adopter-sequence":[137],"model,":[138],"W.":[139],"A.":[140],"Hanson":[141],"assumes":[142],"two":[145],"technologies":[146],"improve":[148],"adoption":[150],"are":[151],"proprietary\u2013\"sponsored\"":[152],"by":[153],"firms":[154],"can":[156],"manipulate":[157],"their":[158],"price.":[159]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2025,"cited_by_count":7},{"year":2024,"cited_by_count":6},{"year":2023,"cited_by_count":9},{"year":2022,"cited_by_count":22},{"year":2021,"cited_by_count":13},{"year":2020,"cited_by_count":12},{"year":2019,"cited_by_count":12},{"year":2018,"cited_by_count":12},{"year":2017,"cited_by_count":11},{"year":2016,"cited_by_count":10},{"year":2015,"cited_by_count":3},{"year":2014,"cited_by_count":3},{"year":2013,"cited_by_count":9},{"year":2012,"cited_by_count":3}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2016-06-24T00:00:00"}