When does "Learning by Doing" generate current losses?

  1. Álvarez González, Francisco
  2. Cerdá Tena, Emilio
Revista:
Spanish economic review

ISSN: 1435-5469

Any de publicació: 2001

Volum: 3

Número: 1

Pàgines: 55-69

Tipus: Article

DOI: 10.1007/PL00013585 DIALNET GOOGLE SCHOLAR

Altres publicacions en: Spanish economic review

Resum

Abstract. We study under which conditions a learning by doing effect in the industry causes a monopolist to operate at a loss for some initial periods. Those conditions involve a parameter of the learning process, the slope of inverse demand function and the discount parameter. In order to get results, we explore the analytical solution to a T-period learning by doing model, which is also a novelty. Numerical examples are presented.

Fuente de los datos: Dialnet