Henderson Speech at Hillsdale College

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.