Technical Progress and Product Reliability Under Competition and Monopoly

Donald George

Research output: Contribution to journalArticlepeer-review

Abstract

Technical progress lowers costs and prices but appears to have an ambiguous effect on product reliability. This paper presents a simple model which explains this observation.
Original languageEnglish
Pages (from-to)86-94
JournalManagerial and Decision Economics
Volume34
Issue number2
Early online date2 Jan 2013
DOIs
Publication statusPublished - Mar 2013

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