Advertisement
Browse Subject Areas
?

Click through the PLOS taxonomy to find articles in your field.

For more information about PLOS Subject Areas, click here.

< Back to Article

Statistical Basis for Predicting Technological Progress

Figure 4

An illustration that the combination of exponentially increasing production and exponentially decreasing cost are equivalent to Wright's law.

The value of the Wright parameter is plotted against the prediction based on the Sahal formula, where is the exponent of cost reduction and the exponent of the increase in cumulative production.

Figure 4

doi: https://doi.org/10.1371/journal.pone.0052669.g004