The learning curve, diffusion, and competitive strategy

Marvin B. Lieberman

Strategic Management Journal, 1987, vol. 8, issue 5, 441-452

Abstract: This paper explores the implications of the learning curve for competitive strategy under a range of assumptions regarding competition and the nature of the learning process. A game‐theoretic model is used to examine how the learning rate and information diffusion affect entry barriers, profits, and price dynamics.

Date: 1987
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