The Economic Implications of Learning by Doing.

Arrow, K. J. (1962). The Economic Implications of Learning by Doing. Review of Economic Studies, 29(3), 155-173.

Type

Journal article

Intellectual base

Review or monograph

Year

1962

Link

https://academic.oup.com/restud/article-abstract/29/3/155/1539235

Cited from

economics_finance, research_methods

Cited by

2 citations across 2 artifacts.

Each citation links to the sentence it supports in the citing article.

Primes

• Cost–Benefit Analysis
  • Arrow's work on learning-by-doing externalities and capital externalities

    This sourceEstablishes the learning/knowledge-externality framework (learning is investment benefiting future investors; socially optimal investment exceeds the competitive level). Relevant to CBA framing of external benefits in project appraisal — the connection is loose/indirect but the work is correct.

• Inquiry-Change Learning Loop
  • Trial and error is not sufficient either, because error-driven search can proceed happily without any retained explanation of why a given variant failed.

    This sourceModels learning by doing as productivity gain accruing from cumulative experience, a mechanism that carries no retained explanatory model of why any particular attempt succeeded or failed.

Verification

This reference passed the adversarial substantiation pipeline: it was checked to exist and to support the claim it is attached to. See how references were verified.

Links previously used in the corpus

Before the registry existed this work was also linked 1 other way.

• https://www.jstor.org/stable/2295952 ×1

Registry ID ref:50dc79277899 · see in the full table