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Export Reference (APA)
Gomes, O. (2006). Organizational learning: a discrete choice approach. Journal of Economic and Social Research. 8 (1), 39-59
Export Reference (IEEE)
O. M. Gomes,  "Organizational learning: a discrete choice approach", in Journal of Economic and Social Research, vol. 8, no. 1, pp. 39-59, 2006
Export BibTeX
@article{gomes2006_1715943772126,
	author = "Gomes, O.",
	title = "Organizational learning: a discrete choice approach",
	journal = "Journal of Economic and Social Research",
	year = "2006",
	volume = "8",
	number = "1",
	pages = "39-59"
}
Export RIS
TY  - JOUR
TI  - Organizational learning: a discrete choice approach
T2  - Journal of Economic and Social Research
VL  - 8
IS  - 1
AU  - Gomes, O.
PY  - 2006
SP  - 39-59
SN  - 1302-1060
AB  - The idea of organizational learning may be identified as the process through which a firm makes, with an increasing degree of certainty, choices about which strategies to follow. A discrete choice setup is considered and applied to a dynamic process of knowledge accumulation within the firm. The most important results relate to: (i) the determination of a steady state point in which probabilities of choice take constant values; and (ii) the fact that the steady state is not necessarily a stable one. If learning is subject to decreasing returns, stability holds; when knowledge accumulation exhibits increasing returns there is a divergence to a certainty strategy selection result, that is attained, at least asymptotically, in the long run. 
ER  -