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Adjustment costs, learning, and indeterminacy

✍ Scribed by Christophre Georges


Book ID
104293339
Publisher
Elsevier Science
Year
2003
Tongue
English
Weight
256 KB
Volume
28
Category
Article
ISSN
0165-1889

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This note discusses the adjustment of cost measurement to account for learning. By learning is meant improvements in productive efficiency resulting from use of a (health) technology in routine practice. A recently proposed method is shown to be potentially misleading. Alternatively, it is suggested