Why Are Some Social Media Sites Free to Use?

Mary Clare Peate
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Mary Clare Peate: https://research.stlouisfed.org/staff/peate/

Page One Economics Newsletter, 2023, 5 pages

Abstract: If companies always try to maximize profits, why are so many social media sites free to use? Learn how these platforms operate, as well as what positive and negative “network effects” are at play, in this May 2023 issue of Page One Economics.

Keywords: social media; network effects (search for similar items in EconPapers)
Date: 2023
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