strength. We then present three experiments that study main predictions and implications of the model. The first is a simple …

the 1-way flow model but largely fails in the 2-way flow model. We observe a strong learning dynamic in the 1-way flow …

through learning-by-doing. We first show that predation-like behavior arises routinely in our model. Equilibria involving … pricing from mere competition for efficiency on a learning curve we next decompose the equilibrium pricing condition. Our …

Learning-by-doing and organizational forgetting have been shown to be important in a variety of industrial settings … behaviour no longer hold in this more general setting. We show that organizational forgetting does not simply negate learning …-by-doing. Rather, learning-by-doing and organizational forgetting are distinct economic forces. In particular, a model with both …

Laboratory experiments are a widely used methodology for advancing causal knowledge in the physical and life sciences …. With the exception of psychology, the adoption of laboratory experiments has been much slower in the social sciences …, although during the last two decades, the use of lab experiments has accelerated. Nonetheless, there remains considerable …