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This article confuses the strategy for the newspaper industry as a whole with the strategy for any particular newspaper. If zero newspapers were online, then th
by apsec112 10y ago
This article confuses the strategy for the newspaper industry as a whole with the strategy for any particular newspaper. If zero newspapers were online, then the first paper to go online would have a huge advantage. Every newspaper staying offline is not a Nash equilibrium, unless there's some compact to enforce it (which might violate antitrust laws).