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The Best Explanation Of Silicon Valley I’ve Seen Yet

The Alchian-Allen Effect

I ran into this explanation of the Alchian-Allen Effect (let’s shorthand it to the AA Effect) on Byrne Hobart’s blog. It’s an excellent explanation of how certain regions (with luck and the right characteristics) can attract a critical mass of companies from a particular sector, ultimately dominating that sector, and how the high…




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Tony Yiu

Tony Yiu

Data scientist. Founder Alpha Beta Blog. Doing my best to explain the complex in plain English. Support my writing:

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