A Comment on Market Structure and the Durability of Goods
Larry Karp and
Thomas Cosimano ()
Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series from Department of Agricultural & Resource Economics, UC Berkeley
This paper considers the effect of market structure on the durability of goods. A previous model is analyzed to provide conditions under which a monopolist provides less durable goods and a lower present value of services than the social optimum.
Keywords: marketing; mathematical models; production (economics) (search for similar items in EconPapers)
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Working Paper: A comment on market structure and the durability of goods (1986)
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Persistent link: https://EconPapers.repec.org/RePEc:cdl:agrebk:qt0nb0c02w
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