Socially optimal cost-reducing R&D with product durability

被引：0
|
作者：
Goel, RK [1 ]
机构：
[1] Illinois State Univ, Dept Econ, Normal, IL 61790 USA
来源：
APPLIED ECONOMICS LETTERS | 2000年 / 7卷 / 07期
关键词：
D O I：
10.1080/135048500351249
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Socially optimal cost-reducing R&D with product durability is studied. Results show that the first period optimal R&D and output with durability exceed the respective levels without durability. The second period R&D and output are identical to the no durability case.
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页码：487 / 488
页数：2
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