A feedback-based system can't self-regulate this because 
  whoever gets ahead first is close to assured of dominating.  
  In the usual sort of market, profits decrease as you gain 
  market share, so that one company's success_opens_ the 
  door to competition -- and thus the feedback of the market's
"invisible hand" -- instead of closing it.
Nick
   
  if profits decrease (per product?) as you gain market share, don't profit 
increase with volume?
jon


Knowledge is Power
       
---------------------------------
Catch up on fall's hot new shows on Yahoo! TV.  Watch previews, get listings, 
and more!
_______________________________________________
http://www.mccmedia.com/mailman/listinfo/brin-l

Reply via email to