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Article: The Persistence of Learning and Acquisition Strategies. (Tutorial).
- Article from:
- Acquisition Review Quarterly
- Article date:
- January 1, 2001
- Author:
CopyrightCOPYRIGHT 2001 Defense Acquisition University Press. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The acquisition strategies implied by two theories of learning--learning curve theory and knowledge depreciation theory--are quite different. This article reexamines empirical data for land-based weapon systems to determine if knowledge depreciation theory can be confirmed. Results fail to confirm knowledge depreciation theory and support learning curve theory. The author concludes that acquisition managers should continue to use learning curve theory to model their acquisition strategies.
The twin analytic foundations for acquisition strategy are the theory of markets (from modern microeconomics) and the learning curve (from industrial engineering). Argot, ...
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