> Given that Economists overwhelmingly get these things right more than our intuitions, I'm really curious what explanations they have. Not an economist but st

> Given that Economists overwhelmingly get these things right more than our intuitions, I'm really curious what explanations they have. Not an economist but starting a new dating app is very hard because those suffer network effects. It's not like most apps which can work on their own. That's why there's no stress going on at Match group to keep the monopoly running, those new apps don't come up often and cannot come up often due to the nature of the business. That's also why most of them suck so much even before being bought by the monopoly. To overcome this strong network effect stacked against them, they have to push a lot of marketing levers, some of them unethical and others are very costly.