Some markets are inherently dominated by one or few platforms. These markets are characterized by what is popularly known as, “winner takes all” (WTA) dynamics. It may not always be due to conventional first mover advantages or classic economies of scale—these traditional sources of advantages may result in oligopolies or monopolistic competition.

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Winner-Takes-All Dynamics

  • R. Srinivasan

摘要

Some markets are inherently dominated by one or few platforms. These markets are characterized by what is popularly known as, “winner takes all” (WTA) dynamics. It may not always be due to conventional first mover advantages or classic economies of scale—these traditional sources of advantages may result in oligopolies or monopolistic competition.