path dependence

noun — 2 senses

path dependence

noun
1

Usually A situation in which the outcome varies with the route taken.

2

Economics, Sciences Usually The theory that a technological option selected by the market need not be the technologically best one, because of the traction obtained by an early-introduced, technologically inferior alternative option.

Related terms
lock-in

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.