Learning and the Behavior of Potential Entrants

View/ Open
Issue Date
1984-06-01Author
Bhattacharya, Gautam
Publisher
RAND
Type
Article
Article Version
Scholarly/refereed, publisher version
Published Version
https://editorialexpress.com/cgi-bin/rje_online.cgi?action=view&year=1984&issue=sum&page=281&&tid=120733&sc=7oKBHr2GMetadata
Show full item recordAbstract
The possibility of cost reduction through learning by gathering experience is important in many industries where organizational efficiency in production and management is an important determinant of costs. In these industries, the difference in unit costs of production between experienced firms and potential entrants retards entry. This article investigates the behavior of a potential entrant in such an industry and the nature of dynamic equilibria resulting from the interaction of the entrant and the current producer.
Description
This is the publisher's version, also available electronically from https://editorialexpress.com/cgi-bin/rje_online.cgi?action=view&year=1984&issue=sum&page=281&&tid=120733&sc=7oKBHr2G.
ISSN
0741-6261Collections
Citation
Bhattacharya, Gautam. (1984). "Learning and the Behavior of Potential Entrants." Rand Journal of Economics, 15(2):281-289. https://editorialexpress.com/cgi-bin/rje_online.cgi?action=view&year=1984&issue=sum&page=281&&tid=120733&sc=7oKBHr2G
Items in KU ScholarWorks are protected by copyright, with all rights reserved, unless otherwise indicated.
We want to hear from you! Please share your stories about how Open Access to this item benefits YOU.