Lock In

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#11 week ago
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+Lock-in describes a situation where a user or entity faces significant [Switching Costs](/wiki/switching_costs), making it difficult to transition away from a current product, system, or technology. This often leads to a form of [Path Dependence](/wiki/path_dependence), where past decisions heavily influence future options, creating an enduring commitment.
+## See also
+- [Network Effect](/wiki/network_effect)
+- [Vendor Lock-in](/wiki/vendor_lock_in)
+- [Barrier to Entry](/wiki/barrier_to_entry)
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