Learning from Cumulative Volume?

February 27, 2010 behavioral economics, economic theory | Comments (0) Don @ 8:39 pm

If the result of repeated activities by mankind always results in learning, what is it that causes mankind to adopt a new learned procedure? Why does it always work no matter what the activity is? And why does it affect cost of manufacture differently for different products?

The post “The Geometry of Experience Curves” in this blog shows that the answer is: “That Men minimize their Time per unit of dimension”. Thus providing the incentive (less time spent by men) and the reason (geometry difference) for each product being different.


Tags: American Institute of Chemical Engineering, analysis, Bionomics, Bruce Henderson, Donald Garnett, economic ecosystems, economic theory, economics, Economy as Ecosystem, Encyclopedia of Chemical Processing and Design, geometry, macroeconomics, price, scale factors

You tube

February 19, 2010 behavioral economics, economic theory, geometry | Comments (0) Don @ 2:24 pm

The geometry of experience curves can be seen on youtube.

http://www.youtube.com/watch?v=3EW1DnJg1qY


Tags: economics, Experience Curves

Economic hydroformylation

February 14, 2010 economic theory | Comments (0) Don @ 7:29 pm

Economic hydroformylation with Rhodium


Tags: hydroformylation, palladium, rhodium

Tetrahydro furan ex Dichlorobutane

economic theory | Comments (0) Don @ 6:05 pm

Tetrahydrofuran via dichlorobutane


Tags: butane, tetrahydrofuran, thf
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