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What is Kinked Experience Curve

Chapter 123
Encyclopedia of Business Analytics and Optimization
Instead of a single learning rate, there may be multiple learning rates over the life cycle of experience curve. The introduction of radical technology or governmental intervention is likely to cause kinks in learning rate. In most cases, there will be only one kinked learning rate.
Published in Chapter:
Kinked Experience Curve
Yu Sang Chang (Gachon University, Korea & KDI School of Public Policy and Management, Korea) and Jinsoo Lee (KDI School of Public Policy and Management, Korea)
Copyright: © 2014 |Pages: 9
DOI: 10.4018/978-1-4666-5202-6.ch123
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