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  • 标题:Path Dependence in Decision-Making Processes: Exploring the Impact of Complexity under Increasing Returns
  • 本地全文:下载
  • 作者:Jochen Koch ; Martin Eisend ; Arne Petermann
  • 期刊名称:Business Research
  • 印刷版ISSN:2198-3402
  • 电子版ISSN:2198-2627
  • 出版年度:2009
  • 卷号:2
  • 期号:1
  • 页码:67-84
  • DOI:10.1007/BF03343529
  • 语种:English
  • 出版社:Verband der Hochschullehrer für Betriebswirtschaft e.V.
  • 摘要:

    The development of path-dependent processes basically refers to positive feedback in terms of increasing returns as the main driving forces of such processes. Furthermore, path dependence can be affected by context factors, such as different degrees of complexity. Up to now, it has been unclear whether and how different settings of complexity impact path-dependent processes and the probability of lock-in. In this paper we investigate the relationship between environmental complexity and path dependence by means of an experimental study. By focusing on the mode of information load and decision quality in chronological sequences, the study explores the impact of complexity on decision-making processes. The results contribute to both the development of path-dependence theory and a better understanding of decision-making behavior under conditions of positive feedback. Since previous path research has mostly applied qualitative case-study research and (to a minor part) simulations, this paper makes a further contribution by establishing an experimental approach for research on path dependence.

  • 关键词:Complexity ;Decision-making ;Path dependence ;Lock-in
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