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Optimal Replacement of Consumer Durables

Terasawa, Katsuaki (1972) Optimal Replacement of Consumer Durables. Social Science Working Paper, 7. California Institute of Technology , Pasadena, CA. (Unpublished)

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Introduction. The problem of determining the optimal procedure for the replacement of capital or military equipment has been a constant concern of industrial firms and military organizations. Numerous studies have been made in the field from early days.

Item Type:Report or Paper (Working Paper)
Additional Information:This paper was originally part of a Ph.D. dissertation written under Professor James P. Quirk. I am deeply indebted to him for his valuable criticism and numerous suggestions. All errors are my own.
Group:Social Science Working Papers
Series Name:Social Science Working Paper
Issue or Number:7
Record Number:CaltechAUTHORS:20171101-170647344
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Usage Policy:No commercial reproduction, distribution, display or performance rights in this work are provided.
ID Code:82872
Deposited By: Jacquelyn Bussone
Deposited On:02 Nov 2017 17:40
Last Modified:03 Oct 2019 18:59

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