October 12, 2009
Obesity and Dominance Reconsidered
October 11, 2009
A Sentence to Ponder
October 11, 2009
Britain's Central Planning Death Panels
October 11, 2009
Free Market M.D.
October 11, 2009
Economies of Scale in Compliance
October 11, 2009
Balan's Challenge
October 10, 2009
The Pleasure of Telling Others What to Do
October 10, 2009
Gonick the Great - and How He Could Have Been Greater
October 9, 2009
More Scott Sumner
If you haven't prepared your speech yet, here's a paper by some USC marketing profs who recently found that not only do network effects not stop superior (but late arriving) products from displacing inferior products, but the network effects may actually speed up the process of them increasing their market share and becoming dominant. IOW, Liebowitz and Margolis were right.
Since we were discussing this last week in the monopoly posts, it has some relevance here, I think.
And, hat tip to Craig Newmark for the catch.