A dynamic structural-empirical model is developed in order to estimate the size of the learning spillover within the world photovoltaic (PV) cell industry. We extend the approach of Benkard (American Economic Review 2000) on industry level, so that the spillover appears across firms within the...

The authors present a classroom “clicker” exercise in which students are asked to guess the number of items in a clear container before bidding on a money prize worth a penny for each item. Even if the distribution of guesses is unbiased, the highest bidder is likely to have overestimated...