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Capture
The Chicago School
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ProMarket Mentions
Insights shaping the future of capitalism.
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Insights shaping the future of capitalism
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Capture
The Chicago School
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Economic History
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The Green Economy
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ProMarket Mentions
incumbency advantage
User Hesitancy Increases Online Platforms’ Incumbency Advantage
Jacques Crémer
“Incumbency advantage” among Big Tech platforms recognizes that network effects prevent users from leaving established platforms for emerging competitors. Gary Biglaiser, Jacques Crémer, and...
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