Document Actions
Citation and Metadata
Recommended citation
Koch J, Eisend M, Petermann A (2009). Path Dependence in Decision-Making Processes: Exploring the Impact of Complexity under Increasing Returns. BuR - Business Research, Vol. 2, Iss. 1, pp. 67-84, URN: urn:nbn:de:0009-20-19414
Download Citation
Endnote
%0 Journal Article %T Path Dependence in Decision-Making Processes: Exploring the Impact of Complexity under Increasing Returns %A Koch, Jochen %A Eisend, Martin %A Petermann, Arne %J BuR - Business Research %D 2009 %V 2 %N 1 %@ 1866-8658 %F koch2009 %X 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. %L 330 %K complexity %K decision-making %K lock-in %K path dependence %U http://nbn-resolving.de/urn:nbn:de:0009-20-19414 %P 67-84
Bibtex
@Article{koch2009,
author = "Koch, Jochen
and Eisend, Martin
and Petermann, Arne",
title = "Path Dependence in Decision-Making Processes: Exploring the Impact of Complexity under Increasing Returns",
journal = "BuR - Business Research",
year = "2009",
volume = "2",
number = "1",
pages = "67--84",
keywords = "complexity",
keywords = "decision-making",
keywords = "lock-in",
keywords = "path dependence",
abstract = "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.",
issn = "1866-8658",
url = "http://nbn-resolving.de/urn:nbn:de:0009-20-19414"
}
RIS
TY - JOUR AU - Koch, Jochen AU - Eisend, Martin AU - Petermann, Arne PY - 2009// TI - Path Dependence in Decision-Making Processes: Exploring the Impact of Complexity under Increasing Returns JO - BuR - Business Research SP - 67 EP - 84 VL - 2 IS - 1 KW - complexity KW - decision-making KW - lock-in KW - path dependence N2 - 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. SN - 1866-8658 UR - http://nbn-resolving.de/urn:nbn:de:0009-20-19414 ID - koch2009 ER -
Wordbib
<?xml version="1.0" encoding="UTF-8"?> <b:Sources SelectedStyle="" xmlns:b="http://schemas.openxmlformats.org/officeDocument/2006/bibliography" xmlns="http://schemas.openxmlformats.org/officeDocument/2006/bibliography" > <b:Source> <b:Tag>koch2009</b:Tag> <b:SourceType>ArticleInAPeriodical</b:SourceType> <b:Year>2009</b:Year> <b:PeriodicalName>BuR - Business Research</b:PeriodicalName> <b:Volume>2</b:Volume> <b:Issue>1</b:Issue> <b:Pages>67-84</b:Pages> <b:Author> <b:Author><b:NameList> <b:Person><b:Last>Koch</b:Last><b:First>Jochen</b:First></b:Person> <b:Person><b:Last>Eisend</b:Last><b:First>Martin</b:First></b:Person> <b:Person><b:Last>Petermann</b:Last><b:First>Arne</b:First></b:Person> </b:NameList></b:Author> </b:Author> <b:Title>Path Dependence in Decision-Making Processes: Exploring the Impact of Complexity under Increasing Returns</b:Title> <b:Comments>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.</b:Comments> </b:Source> </b:Sources>
ISI
PT Journal AU Koch, J Eisend, M Petermann, A TI Path Dependence in Decision-Making Processes: Exploring the Impact of Complexity under Increasing Returns SO BuR - Business Research PY 2009 BP 67 EP 84 VL 2 IS 1 DE complexity; decision-making; lock-in; path dependence AB 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. ER
Mods
<mods>
<titleInfo>
<title>Path Dependence in Decision-Making Processes: Exploring the Impact of Complexity under Increasing Returns</title>
</titleInfo>
<name type="personal">
<namePart type="family">Koch</namePart>
<namePart type="given">Jochen</namePart>
</name>
<name type="personal">
<namePart type="family">Eisend</namePart>
<namePart type="given">Martin</namePart>
</name>
<name type="personal">
<namePart type="family">Petermann</namePart>
<namePart type="given">Arne</namePart>
</name>
<abstract>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.</abstract>
<subject>
<topic>complexity</topic>
<topic>decision-making</topic>
<topic>lock-in</topic>
<topic>path dependence</topic>
</subject>
<classification authority="ddc">330</classification>
<relatedItem type="host">
<genre authority="marcgt">periodical</genre>
<genre>academic journal</genre>
<titleInfo>
<title>BuR - Business Research</title>
</titleInfo>
<part>
<detail type="volume">
<number>2</number>
</detail>
<detail type="issue">
<number>1</number>
</detail>
<date>2009</date>
<extent unit="page">
<start>67</start>
<end>84</end>
</extent>
</part>
</relatedItem>
<identifier type="issn">1866-8658</identifier>
<identifier type="urn">urn:nbn:de:0009-20-19414</identifier>
<identifier type="uri">http://nbn-resolving.de/urn:nbn:de:0009-20-19414</identifier>
<identifier type="citekey">koch2009</identifier>
</mods>
Full Metadata
| Bibliographic Citation | BuR - Business Research, Vol. 2, Iss. 1, pp. 67-84 |
|---|---|
| Title | Path Dependence in Decision-Making Processes: Exploring the Impact of Complexity under Increasing Returns (eng) |
| Author | Jochen Koch, Martin Eisend, Arne Petermann |
| Language | eng |
| Abstract | 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. |
| Subject | complexity, decision-making, lock-in, path dependence |
| DDC | 330 |
| Rights | authorcontract |
| URN: | urn:nbn:de:0009-20-19414 |
