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- W289154336 abstract "We present a soIution method to find the closed fonu optimal solution for a class of learning by doing models when multiplicative uncertainty is introduced in the cost reduction function, which is assumed to be piecewice linear. Previous literature does not study the case with uncertainty in this function. We consider a monopolist, facing a linear demand function. The optimal policy for the resulting problem is piecewise linear. Furthennore, the optimal output increases with unit cost for certain values of the latter. Numerical examples are provided." @default.
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- W289154336 title "A solution method for a class of learning by doing models with multiplicative uncertainty" @default.
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