The Essence of Standardization and a Way of Calculating Its Benefit

Ivar Mõrtson
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Ivar Mõrtson: Tallinn Technical University, Tallinn Estonia

Homo Oeconomicus, 1999, vol. 15, 401-415

Abstract: In this paper an attempt is made to find out the universal goal of standardization, to perceive the essence of standardization. At that we encounter a contradiction inherent in standardization, the so-called standardization paradox. To solve the paradox, a postulate is formulated proceeding from the relations between a human being and variety. On ground of the postulate an economic model of standardization is composed. This model briefly described in the paper is used while working out a method for evaluating the benefits of standardization in designing and production.

Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:hom:homoec:v:15:y:1999:p:401-415

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