Learning-by-doing, organizational forgetting, and industry dynamics.

Autor/inn/en	Besanko, David; Doraszelski, Ulrich; Kryukov, Yaroslav; Satterthwaite, Mark
Titel	Learning-by-doing, organizational forgetting, and industry dynamics.
Quelle	Cambridge, Mass.: Harvard Inst. for Economic Research (2007), 54, [12] S. PDF als Volltext kostenfreie Datei (1); PDF als Volltext kostenfreie Datei (2) Link als defekt meldenVerfügbarkeit
Reihe	Discussion paper / Harvard Institute of Economic Research. 2128
Beigaben	grafische Darstellungen
Sprache	englisch
Dokumenttyp	online; Monographie; Graue Literatur
Schlagwörter	Lernende Organisation; Marktmacht; Preispolitik; Berufsbegleitende Ausbildung; Arbeitspapier; Dynamisches Modell
Abstract	Learning-by-doing and organizational forgetting have been shown to be important in a variety of industrial settings. This paper provides a general model of dynamic competition that accounts for these economic fundamentals and shows how they shape industry structure and dynamics. Previously obtained results regarding the dominance properties of firms' pricing behavior no longer hold in this more general setting. We show that organizational forgetting does not simply negate learning-by-doing. Rather, learning-by-doing and organizational forgetting are distinct economic forces. In particular, a model with both learning-by-doing and organizational forgetting can give rise to aggressive pricing behavior, market dominance, and multiple equilibria, whereas a model with learning-by-doing alone cannot. (Orig.)
Erfasst von	ZBW - Leibniz-Informationszentrum Wirtschaft, Kiel
Update	2009/1