We 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.
Naimzada, A., Randon, E. (2004). Dynamics of the Non Linear Learning Curve with Spillovers in a Differentiated Oligopoly: Effects on Industry Structure [Working paper del dipartimento].
Dynamics of the Non Linear Learning Curve with Spillovers in a Differentiated Oligopoly: Effects on Industry Structure
NAIMZADA, AHMAD KABIR;
2004
Abstract
We 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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