Learning and Forgetting: the Dynamics of Aircraft Production

  title={Learning and Forgetting: the Dynamics of Aircraft Production},
  author={C. L. Benkard},
  journal={Industrial Organization & Regulation eJournal},
  • C. L. Benkard
  • Published 1999
  • Economics
  • Industrial Organization & Regulation eJournal
  • This paper introduces a new cost dataset for a commercial aircraft firm and uses this data to analyze the dynamics of learning in commercial aircraft production. This dataset is found to be inconsistent with the simple learning hypothesis, and particularly the prediction that a firm's unit cost must decline with its cumulative production. Instead, strong support is found for the hypothesis of organizational forgetting, a more general learning model where unit costs are similarly dependent on a… CONTINUE READING
    Production with learning and forgetting in a competitive environment
    • 9
    • PDF
    Organizational and Individual Learning and Forgetting
    • 20
    • PDF
    News and knowledge capital
    • 52
    • PDF
    Learning-by-Doing and Productivity Dynamics in Manufacturing Industries
    • 3
    • Highly Influenced
    • PDF
    Learning-By-Doing, Organizational Forgetting, and Industry Dynamics
    • 6
    • Highly Influenced
    Learning by Drilling: Inter-Firm Learning and Relationship Persistence in the Texas Oilpatch
    • 121
    • PDF
    Small steps for workers, a giant leap for productivity
    • 16
    • PDF
    Risk, Financial Development and Firm Dynamics