judeswae, 1 month ago Product Market Traps: a phenomenon whereby consumers find themselves trapped in an inefficient market equilibrium and prefer the product not to exist, but cannot coordinate to stop using it. (e.a. Social Media) https://bfi.uchicago.edu/working-paper/2023-131/
Product Market Traps: a phenomenon whereby consumers find themselves trapped in an inefficient market equilibrium and prefer the product not to exist, but cannot coordinate to stop using it. (e.a. Social Media)
https://bfi.uchicago.edu/working-paper/2023-131/
