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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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Topics
Capture
The Chicago School
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The Digital Economy
Economic History
The Equitable Economy
The Green Economy
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About
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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