W. Brian Arthur · 1994
An economic study examining how increasing returns and path dependence explain the unique market dynamics of industries like software.
Anish Acharya recommends it because it clarifies the reasons behind the outlier economic effects observed in the software industry.
A speaker recommends a book written by someone else.
“one was a book, a textbook called Increasing Returns to Scale. Yeah. Brian Arthur is the author. It's an awesome book. It's a slightly dense study of why things like software have such outlier economic effects…”
Why: It helps put into perspective why the software industry works the way it does.
Anish Acharya, Guest on Lenny's PodcastWhy companies are becoming a series of loops | Anish Acharya (a16z)
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