Skip to main content
eScholarship
Open Access Publications from the University of California

A Comment on Market Structure and the Durability of Goods

  • Author(s): Karp, Larry
  • Cosimano, Thomas F.
  • et al.
Abstract

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.

Main Content
Current View