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The Chicago School
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Insights shaping the future of capitalism.
ProMarket
Insights shaping the future of capitalism
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The Chicago School
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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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