Construct · 1 fields · 1 citations

market tipping: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed
markettipping1 CONSTRUCTMarket tippingKATZ · INDUSTRIAL ORGANIZATION

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Industrial organization

the tendency of a market with strong network effects to swing toward one dominant system once it gains a lead.

In industrial organization, market tipping refers to the tendency of a market with strong network effects to swing toward one dominant system once it gains a lead. This meaning comes from Katz (1994) in Journal of Economic Perspectives.[1]

Unit
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Nearby constructs

dominant1 fields · 1 citationsanchor · a standalone constructmarket3 fields · 5 citationsjingle · one word, three constructsnetwork externality1 fields · 3 citationsanchor · a standalone construct

References

  1. Katz, M. L., & Shapiro, C. (1994). Systems Competition and Network Effects. Journal of Economic Perspectives, 8(2), 93-115. https://doi.org/10.1257/jep.8.2.93

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