Dynamics of the Non Linear Learning Curve with Spillovers in a Differentiated Oligopoly: Effects on Industry Structure
AbstractWe analyse the effects on industry structure of non strategic learning by doing with spillovers in a differentiated oligopoly `a la Bertrand. The dynamics is driven by a non linear learning curve. Conditions for shakeouts are analysed, focusing on the key factors affecting them. Policy interventions to limit shakeouts are suggested.
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Bibliographic InfoPaper provided by University of Milano-Bicocca, Department of Economics in its series Working Papers with number 80.
Length: 11 pages
Date of creation: Oct 2004
Date of revision: Oct 2004
Industry dynamics; Non linear learning curve; Spillover; Shakeouts;
Other versions of this item:
- Emanuela Randon & Ahmad Naimzada, 2007. "Dynamics of the non linear learning curve with spillovers in a differentiated oligopoly: effects on industry structure," Journal of Evolutionary Economics, Springer, vol. 17(1), pages 95-106, February.
- L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
- L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
- O31 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
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