Big idea I got from Hirschman: market is not Darwinian. It has slack in proportion to median foresight of firms. A million eyes; not blind.
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median with respect to what characteristic?
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survival prospects. Lifespan-so-far would be a good measure.
End of conversation
New conversation -
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I'm reading Hirschman Exit, Voice, and Loyalty, this makes a lot of sense in that perspective
Thanks. Twitter will use this to make your timeline better. UndoUndo
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