Learning and the Behavior of Potential Entrants
AbstractThe possibility of cost reduction through learning by gathering experience is important in many industries where organizational efficiency in production and management is an important determinant of costs. In these industries, the difference in unit costs of production between experienced firms and potential entrants retards entry. This article investigates the behavior of a potential entrant in such an industry and the nature of dynamic equilibria resulting from the interaction of the entrant and the current producer.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by The RAND Corporation in its journal RAND Journal of Economics.
Volume (Year): 15 (1984)
Issue (Month): 2 (Summer)
Contact details of provider:
Web page: http://www.rje.org
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().
If references are entirely missing, you can add them using this form.