Preferential Attachment (Cumulative Advantage)

//Preferential Attachment (Cumulative Advantage)

Preferential Attachment (Cumulative Advantage)

A preferential attachment situation occurs when the current leader is given more of the reward than the laggards, thereby tending to preserve or enhance the status of the leader. A strong network effect is a good example of preferential attachment; a market with 10x more buyers and sellers than the next largest market will tend to have a preferential attachment dynamic.

Source:
Shane Parrish’s Farnam Street Mental Model Guide

2018-09-24T05:59:27+00:00