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#27 Andrew Wagner: The Economics of Online Gaming
Investing by the Books
Competitive Advantages - What You Learned From the Game
I think the most important thing that i learned when it comes to competitive advantages is thinking about why people choose to use certain products and services. If they're doing it because they don't have any other choice, that's a really powerful competitive advantage. I would say that if there is some kind of boycot being announced and the market reacts to it, the market is probably over reacting. And in the game, you created monopoly. And eh, that is the best mot any company, or any team, or whatever, can have. So at least in this game, the markets were based entirely on price. So the competitive advantage was having the best price. To have the best price, you
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