Tags » Winner-takes-all

Winner takes it all

I recently read The Second Machine Age by Erik Brynjolfsson and Andrew McAfee and they highlighted a phenomenon extremely critical for technology and game companies. The economy has evolved, especially for apps and other entertainment products, from a system in which there are multiple profitable products to one where there is one product that sees tremendous success and virtually all competitors are failures. 1,254 more words

General Social Games Business

Stack Exchange and reward for being on the top

As mentioned in the previous posts, Stack Exchange has a very interpretable structure. It’s a market in which demand for answering a question meets supply, and supply is paid with upvotes. 247 more words

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