Path dependence is a powerful force in life. John Sterman’s excellent book Business Dynamics defines path dependence as, “a pattern of behavior in which small, random events early in the history of a system determine the ultimate end state, even when all end states are equally likely at the beginning.”
Path Dependence—and Disruption—of Our Life’s Work
Path Dependence—and Disruption—of Our Life’s…
Path Dependence—and Disruption—of Our Life’s Work
Path dependence is a powerful force in life. John Sterman’s excellent book Business Dynamics defines path dependence as, “a pattern of behavior in which small, random events early in the history of a system determine the ultimate end state, even when all end states are equally likely at the beginning.”