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Innovate or imitate? Behavioural Technological Change

Hommes, Cars; Zeppini, Paolo - 2013

We propose a behavioural model of technological change with evolutionary switching between boundedly rational costly innovators and free imitators, and study the endogenous interplay of innovation decisions, market price dynamics and technological progress. Innovation and imitation are strategic...

Persistent link: https://www.econbiz.de/10010326273

The cost-quantity relations and the diverse patterns of "learning by doing": Evidence from India

Dosi, Giovanni; Grazzi, Marco; Mathew, Nanditha - 2016

"Learning-by-doing" is usually identified as a process whereby performance increases with experience in production. The … "learning", or performance improvement over time is not a by-product of the mere repetition of the same production activities …

Persistent link: https://www.econbiz.de/10011789729

A PRUNING APPROACH TO PATTERN DISCOVERY

WANG, HSIAO-FAN; CHAN, ZU-WEN - In: International Journal of Information Technology & … 07 (2008) 04, pp. 721-736

In this study, we proposed a general pruning procedure to reduce the dimension of a large database so that the properties of the extracted subset can be well defined. Since learning functions have been widely applied, we take this group of functions as an example to demonstrate the proposed...

Persistent link: https://www.econbiz.de/10004971671

The Production Recipes Approach to Modeling Technological Innovation: An Application to Learning By Doing

Auerswald, Philip; Kauffman, Stuart; Lobo, Jose; Shell, Karl - Santa Fe Institute - 1998

parameters on the resulting engineering experience curves. For correctly chosen values of these parameters, the predictions of … the model match the observed data on experience curves. Journal of Economic Literature Classification Numbers: D20, D21, D …

Persistent link: https://www.econbiz.de/10005790927

From men and machines to the organizational learning curve

Fioretti, Guido - Volkswirtschaftliche Fakultät, … - 2009

Learning curves can arise out of routing problems, or out of sequencing problems, or a combination of both. In this paper, learning curves arising out of routing problems are investigated by means of numerical simulations, whereas some properties of the learning curves arising out of sequencing...

Persistent link: https://www.econbiz.de/10008587496

Forecasting the Electronification of Payments with Learning Curves: The Case of Finland

Snellman, Jussi; Vesala, Jukka - Suomen Pankki - 1999

This paper examines the electronification of noncash payments in Finland and the extent to which noncash payment means are used as substitutes for cash. We model the processes of cash substitution and electronification of payments as 'S'-shaped learning curves and generate forecasts by...

Persistent link: https://www.econbiz.de/10005423713

How well does Learning-by-doing Explain Cost Reductions in a Carbon-free Energy Technology?

Nemet, Gregory F. - Fondazione ENI Enrico Mattei (FEEM) - 2006

The incorporation of experience curves has enhanced the treatment of technological change in models used to evaluate … the cost of climate and energy policies. However, the set of activities that experience curves are assumed to capture is … much broader than the set that can be characterized by learning-by-doing, the primary connection between experience curves …

Persistent link: https://www.econbiz.de/10005230905

International Technology Spillovers in Climate-Economy Models: Two Possible Approaches

Cian, Enrica De - Fondazione ENI Enrico Mattei (FEEM) - 2006

This paper analyzes two possible methodologies of modeling international technology spillovers in a climate-economy CGE model. Technological change, by affecting productivity, energy and carbon intensity, eventually influences the amount of CO2 emissions, the costs and the timing of the policies...

Persistent link: https://www.econbiz.de/10005385455

Explaining experience curves for LNG liquefaction costs: Competition matter more than learning

Greaker, Mads; Sagen, Eirik Lund - Statistisk Sentralbyrå, Government of Norway - 2004

In this paper we seek to identify different driving forces behind the fall in LNG liquefaction unit costs. Our focus is on organizational learning including process specific R&D, but we also seek to account for autonomous technological change, scale effects and the effects of upstream...

Persistent link: https://www.econbiz.de/10004980944

The Learning Process and Technological Change in Wind Power: Evidence from China's CDM Wind Projects

Tang, Tian; Popp, David - 2014

learning—learning through R&D in wind turbine manufacturing, learning from previous experience of installation, and learning …&D and previous installation experience matter, interactions between wind turbine manufacturers and wind project developer … experience of other wind farm developers, our results indicate that wind power firms mainly learn from their own experience and …

Persistent link: https://www.econbiz.de/10010352377