An immortal fumble by Markku Stenborg (7-Oct-1999)

You are saying
> However, path dependence does _not_ imply that the technology that is
> finally adopted is less "efficient" than other technologies that might
> have been selected...


Umm, I had the feeling that the economic problem with path dependence
was that one could get locked in to a less than efficient technology.
Now you are saying that the economic problem with path dependence is
that one could get locked in to a efficient technology.

 Fumble Index  Original post & context: 37fdc0a8.782132@news.eunet.fi