Jerry
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Pānini
Linguistics
Language
Words
Suffixes
isms
Daoism (Taoism)
W Brian Arthur
Increasing Returns Dynamics
Parents
Economic Theories and Specialties (and Coinings)
Key eBiz Levers
New Growth Theory
New Rules for the New Economy (1998)
Positive Externalities
Positive Feedback
Value
W Brian Arthur
Children
2023-08-21 FJB Call
Aggregation Plays
Increasing Returns and Path Dependence in the Economy (1994)
Market share leads to "lock-in," and "lock-in" guarantees "increasing returns."
Matthew Effect
No, wealth isn’t created at the top. It is merely devoured there
Pin Factory (Adam Smith's case study)
Virtuous Circles
Winner Takes All
Jumps
Decreasing Returns
Law of Diminishing Returns
Path Dependent Lock-In