Actually, it refers to the dominant product. A product can become locked-in, or dominant in a market, despite inferior qualities or even a higher cost. There are many reasons a product can dominate a market in such a way. Essentially though, it comes down to the decision making agents in the system (us consumers) feeling a product is the better buy simply because it has a dominant share of the market, even if they don't really prefer that product.
VHS and, more famously, the QWERTY keyboard are good examples of product/technology dominance due to lock-in.
What is clear now is that my life, prior to learning that this is a thing, has been wasted. My remaining years will be dedicated to preserving the environment through as many acts of demolition as possible!
This is a classic example of increasing returns, also called lock-in. There are many examples of inferior products out competing superior products because of lock-in.
It's an interesting idea but this isn't done with light and shadows. Those are computer graphics and a projector. I still like the clever design and interactive nature of the exhibit though.
30/36. Enough people have looked at me suspiciously, angrily, or tentatively throughout my life that I could pick those out easily. Had trouble with the flirtatious ones though ...
https://www.youtube.com/watch?v=4zLfCnGVeL4&feature=kp
VHS and, more famously, the QWERTY keyboard are good examples of product/technology dominance due to lock-in.
What is clear now is that my life, prior to learning that this is a thing, has been wasted. My remaining years will be dedicated to preserving the environment through as many acts of demolition as possible!