present value of its profit stream in a continuous-time infinite-horizon framework by setting participation fees or quantities …

. More importantly, the evidence shows that there exist important learning effects that induce tariff switching in order to …

time. Otherwise, it will gradually reduce its innovation effort over time and ultimately terminate production. Productivity …

but also that learning takes considerably long time. Policy implications are discussed. …This paper studies learning effects in new markets using a panel of relationships between Chilean wineries and … distributors in the UK. Controlling for winery, distributors and time effects, FOB prices increase by at least three percent with …

model combining the learning aspect of experience goods with reference-dependent preferences, we setup a field experiment in … Northern Uganda in which three health products differing in their scope for learning were initially offered either for free or … for sale at market prices. In line with prior studies, when the product has potential for positive learning, we do not …

that influence innovation by firms and their subsequent growth. Our data come from a survey of nearly 4,000 firms in 24 … and opportunities for innovation, virtually every firm that emerged from central planning was maladapted to the new … competition in market economies. We find evidence of the importance of a minimum of rivalry in both innovation and growth: the …