Pfadabhängigkeit
Pfadabhängigkeit, also known as path dependence, is a concept used to explain how past events or decisions can significantly influence present outcomes, even if those initial events are no longer optimal or even relevant. It suggests that once a particular path has been chosen, it can become locked in, making it difficult and costly to switch to alternative, potentially superior, options. This lock-in effect can arise due to various factors, including increasing returns, network effects, learning effects, and coordination failures.
In essence, Pfadabhängigkeit implies that history matters. The way things are done today is not necessarily
The concept is applicable across numerous fields, including economics, sociology, political science, and technology. Understanding Pfadabhängigkeit