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Insights shaping the future of capitalism
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Topics
Capture
The Chicago School
Culture & Society
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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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