Boettke, Peter J.; Coyne, Christopher J.; Leeson, Peter T. - In: American Journal of Economics and Sociology 67 (2008) 2, pp. 331-358
Research examining the importance of path dependence and culture for institutions and development tells us that "history matters," but not "how" history matters. To provide this missing "how," we provide a framework for understanding institutional "stickiness" based on the regression theorem....