Mental Models

Mental Models

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Mental Models
Mental Models
Switching Costs

Switching Costs

Apr 18, 2021
∙ Paid

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Mental Models
Mental Models
Switching Costs
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When the benefit of switching from A to B is smaller than the initial cost of switching from A to B, then people would stick to A even if B is better for them in the long run. 

Think of mobile network providers, the difference between most top providers are negligible but how many times have you changed providers in the last 5 years? Even if one of them …

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