Statistical basis for predicting technological progress

Forecasting technological progress is of great interest to engineers, policy makers, and private investors. Several models have been proposed for predicting technological improvement, but how well do these models perform? An early hypothesis made by Theodore Wright in 1936 is that cost decreases as...

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Bibliographic Details
Main Authors: Nagy, B, Farmer, J, Bui, Q, Trancik, J
Format: Journal article
Language:English
Published: Public Library of Science 2013