What are the sources of Winner-Take-All Markets? A)Market aspect Production cloning (supply side): Whereby services are reproduced. Network economies (demand side): Whereby more consumers use it, making it the product or service norm. Lock-in Through Learning or investment: Technologies used early attract more investment. B)Human aspect Major decisions by those who hold leverage. Natual limits on the size of the agenda. Habit formation or acquired taste: Such as brand loyalties, and favored news anchors. Status goods and positional concerns. Special gifts and occasions. Avoidance of regret. Concentrated Purchasing Power. C)Answer A and B. D)Market aspect Neoliberal modes of governance directing the tastes to a market fundamental ideals. Desires set by resource extraction linked to the fossil fuel economy
What are the sources of Winner-Take-All Markets?
A)Market aspect Production cloning (supply side): Whereby services are reproduced. Network economies (demand side): Whereby more consumers use it, making it the product or service norm. Lock-in Through Learning or investment: Technologies used early attract more investment.
B)Human aspect Major decisions by those who hold leverage. Natual limits on the size of the agenda. Habit formation or acquired taste: Such as brand loyalties, and favored news anchors. Status goods and positional concerns. Special gifts and occasions. Avoidance of regret. Concentrated Purchasing Power.
C)Answer A and B.
D)Market aspect Neoliberal modes of governance directing the tastes to a market fundamental ideals. Desires set by resource extraction linked to the fossil fuel economy. Human aspect Status symbols set by social media. Popular ideals linked to the celebrity culture.
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