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Author : Richard Stone
Publisher :
ISBN 13 :
Total Pages : 10 pages
Book Rating : 4.:/5 (254 download)
Download or read book The Durability of Consumers' Durable Goods written by Richard Stone and published by . This book was released on 1960 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Thomas E. Smith
Publisher :
ISBN 13 :
Total Pages : 66 pages
Book Rating : 4.0/5 ( download)
Download or read book Product Durability-economics and Related Aspects written by Thomas E. Smith and published by . This book was released on 1976 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Pao-lun Chʻeng
Publisher :
ISBN 13 :
Total Pages : 416 pages
Book Rating : 4.:/5 (89 download)
Download or read book Durability of Consumer Goods and Business Instability written by Pao-lun Chʻeng and published by . This book was released on 1956 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Michel Kostecki
Publisher : Springer Science & Business Media
ISBN 13 : 1475728190
Total Pages : 156 pages
Book Rating : 4.4/5 (757 download)
Download or read book The Durable Use of Consumer Products written by Michel Kostecki and published by Springer Science & Business Media. This book was released on 2013-03-14 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: Do we need a new car or a new refrigerator every ten years? What happens to our PC which is exchanged for a new model every three years? Why do our shoes last only a year or so, while those of our great grandfather served for a genera tion? Are businesses deliberately marketing products in a way which encourages sub-optimal use and induces consumers to buy new products? More and more consumers respond ''yes'' objecting to the business practices which reduce the life span of a product or pay no attention to efficiency in con sumption. The growing concem with sub-optimal use of consumer durables arises as a response to the volume of waste, as wen as to the growing conviction that over-consumption is encouraged by marketing techniques and approaches that favor lesser durability and sub-optimal use. There are signs that those things will have to change. Firstly, client orientation - a condition sine qua non of marketing success in the saturated markets of rich countries - is gaining popularity. Consumers are better informed and more influential and "intelligent consumption" is on the rise. Buyers are becoming more and more hostile towards marketing manipulation, inducing them to consume faster, more and at higher prices. The public increas ingly resists messages in advertisements (preventive resistance) which are pre dominantly persuasive (rather than educational or informative) and conceived to stimulate demand for the "new", the superficial and the fashionable.
Author : Steven Cook
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book Cyclicality and Durability written by Steven Cook and published by . This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper three hypotheses concerning the cyclicality of U.S. consumers' expenditure are proposed. These hypotheses are based upon the distinction between expenditure on durable and non-durable goods. It is argued that durability will lead to increased cyclical sensitivity and that this increased cyclicality will be of an asymmetric nature. The asymmetric adjustment will be of the form of decreases in expenditure on durable goods being more extensive and more rapid during recessionary phases of the business cycle than corresponding increases during expansionary periods. These hypotheses are evaluated using U.S. data on consumer durables and non-durables over the period 1959-1998. Via the use of the Hodrick-Prescott (1997) filter the cyclical elements of these series are derived and subjected to Sichel's (1993) univariate tests of business cycle asymmetry. Overwhelming support is found for all of the hypotheses proposed.
Author : Ok Seok Seo
Publisher :
ISBN 13 :
Total Pages : 194 pages
Book Rating : 4.:/5 (18 download)
Download or read book Durability and Market Organization Under Uncertainty written by Ok Seok Seo and published by . This book was released on 1986 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Tim Cooper
Publisher : CRC Press
ISBN 13 : 131710353X
Total Pages : 471 pages
Book Rating : 4.3/5 (171 download)
Download or read book Longer Lasting Products written by Tim Cooper and published by CRC Press. This book was released on 2016-05-06 with total page 471 pages. Available in PDF, EPUB and Kindle. Book excerpt: The present economic system requires us to consume and throw away more and more goods. Yet often it's our desire, and the best interests of the environment, for these goods to last. The contributors to this book, who comprise many of the most significant international thinkers in the field, explore how longer lasting products could offer enhanced value while reducing environmental impacts. If we created fewer but better quality products, looked after them carefully and invested more in repair, renovation and upgrading, would this direct our economy onto a more sustainable course? The solution sounds simple, yet it requires a seismic shift in how we think, whether as producers or consumers, and our voracious appetite for novelty. The complex range of issues associated with product life-spans demands a multidisciplinary approach. The book covers historical context, design, engineering, marketing, law, government policy, consumer behaviour and systems of provision. It addresses the whole range of consumer durables - vehicles, kitchen appliances, audio-visual equipment and other domestic products, furniture and floor coverings, hardware, garden tools, clothing, household textiles, recreational goods and DIY goods - as well as the re-use of packaging. Longer Lasting Products provides policy makers, those involved in product design, manufacturing and marketing, and all of us as consumers, with clear and compelling guidance as to how we can move away from a throwaway culture towards an economy sustained by more durable goods.
Author : Marcel Lind
Publisher :
ISBN 13 :
Total Pages : 136 pages
Book Rating : 4.:/5 (277 download)
Download or read book The Demand for Consumer Durable Goods written by Marcel Lind and published by . This book was released on 1960 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Jonathan Chapman
Publisher : Routledge
ISBN 13 : 1317574826
Total Pages : 224 pages
Book Rating : 4.3/5 (175 download)
Download or read book Emotionally Durable Design written by Jonathan Chapman and published by Routledge. This book was released on 2015-04-10 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Emotionally Durable Design presents counterpoints to our ‘throwaway society’ by developing powerful design tools, methods and frameworks that build resilience into relationships between people and things. The book takes us beyond the sustainable design field’s established focus on energy and materials, to engage the underlying psychological phenomena that shape patterns of consumption and waste. In fluid and accessible writing, the author asks: why do we discard products that still work? He then moves forward to define strategies for the design of products that people want to keep for longer. Along the way we are introduced to over twenty examples of emotional durability in smart phones, shoes, chairs, clocks, teacups, toasters, boats and other material experiences. Emotionally Durable Design transcends the prevailing doom and gloom rhetoric of sustainability discourse, to pioneer a more hopeful, meaningful and resilient form of material culture. This second edition features pull-out quotes, illustrated product examples, a running glossary and comprehensive stand firsts; this book can be read cover to cover, or dipped in-and-out of. It is a daring call to arms for professional designers, educators, researchers and students from in a range of disciplines from product design to architecture; framing an alternative genre of design that reduces the consumption and waste of resources by increasing the durability of relationships between people and things.
Author : William Andrew Anderson
Publisher :
ISBN 13 :
Total Pages : 312 pages
Book Rating : 4.:/5 (249 download)
Download or read book Durability, Indivisibility, Irreversibility, and the Demands for Consumer Durables and Money written by William Andrew Anderson and published by . This book was released on 1983 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Marco Runkel
Publisher : Springer Science & Business Media
ISBN 13 : 3642170110
Total Pages : 203 pages
Book Rating : 4.6/5 (421 download)
Download or read book Environmental and Resource Policy for Consumer Durables written by Marco Runkel and published by Springer Science & Business Media. This book was released on 2012-09-25 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: A recent line of research in environmental and resource economics deals with the analysis of the so-called product-related environmental policy, i.e. the regulation of certain product characteristics which are mainly determined by producers and which influence the impact of consumption goods on the environment. In this line of literature, only little attention has been paid to the role of product durability. The present study aims at filling this gap. It investigates the relationship between (built-in) product durability, production emissions, solid consumption waste and recycling. The main task is to identify inefficiencies in the durability choice of producers and to assess regulatory policies which aim at correcting for such market failure.
Author :
Publisher :
ISBN 13 :
Total Pages : 432 pages
Book Rating : 4.:/5 (319 download)
Download or read book Fixed Assets and Consumer Durable Goods in the United States ... written by and published by . This book was released on 2003 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Sayed Mehdi Naji Esfahani
Publisher :
ISBN 13 : 9781339467498
Total Pages : 74 pages
Book Rating : 4.4/5 (674 download)
Download or read book Essays on Dynamics of Durable Goods written by Sayed Mehdi Naji Esfahani and published by . This book was released on 2015 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation is comprised of three chapters. In the first chapter, two independent empirical studies are performed to shed more light on the cross-sectoral impacts of monetary policy. High degree of interest sensitivity of durable goods is now a stylized fact in the literature of monetary policy. This literature, however, does not provide a clear and consensual explanation for the modalities of this stylized fact. The results of first study indicate that there is no straightforward relationship between the degree of durability and the interest-sensitivity of durables. While, the second study concludes that, in response to monetary policy shocks, productive durables behave differently from consumer durables.
Author : Sebastian Galiani
Publisher :
ISBN 13 :
Total Pages : 35 pages
Book Rating : 4.:/5 (13 download)
Download or read book Crime and Durable Goods written by Sebastian Galiani and published by . This book was released on 2018 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: Crime and the durability of goods are strongly connected issues. However, surprisingly, they have been studied separately. This paper explores the relationship between the production of durable goods and crime from a theoretical perspective and draws important conclusions for both topics. Crime affects the consumer and producer surplus and thus the behavior of consumers, firms, the market equilibrium, and, in turn, the social optimum. Lower durability of goods reduces the incentive to steal those goods, thus reducing crime. When crime is included in the standard framework of durable goods, even without considering the negative externalities of crime, perfect competition does not provide the optimal durability level. When considering different stealing technologies, perfect competition either over-produces durability or produces zero (minimum) durability. The monopolist under-produces durability regardless of the stealing technology considered. If crime externalities are taken into account, the socially optimal durability level is reduced and gets closer to that which prevails under monopoly. The model presented in this paper has a clear policy implication: the durability of goods, and the market structure for those goods, can be an effective instrument to reduce crime. In particular, making the durability of a good contingent upon that good being stolen is likely to increase welfare.
Author : Christopher L. House
Publisher :
ISBN 13 :
Total Pages : 46 pages
Book Rating : 4.:/5 (255 download)
Download or read book Durable Goods and Conformity written by Christopher L. House and published by . This book was released on 2006 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is the variety of products supplied in markets a reflection of the diversity of consumers' preferences? In this paper, we argue that the distribution of durable goods offered in markets tends to be compressed relative to the distribution of consumers' underlying preferences. In particular, there are strong incentives for conformity in markets for durable goods. The reason for conformity is natural: durables (for example houses) are traded and as a result, demand for these goods is influenced by their resale value. Agents may like one product, but purchase another because of resale concerns. We show that (1) there is a tendency to conform to the average preference; (2) conformity depends primarily on the number of people with extreme preferences; (3) conformity increases with increases in durability, patience, and the likelihood of trade; and (4) equilibrium conformity is not necessarily optimal. Surprisingly, there tends to be too little conformity in equilibrium. Conformity also creates a demand for rental markets. Renting does not necessarily decrease conformity however. Instead, renting tends to exaggerate conformity in the owner-occupied market.
Author : Sreelata Jonnalagedda
Publisher :
ISBN 13 :
Total Pages : 344 pages
Book Rating : 4.:/5 (642 download)
Download or read book Product Strategies Under Durability, Lock-in and Assortment Considerations written by Sreelata Jonnalagedda and published by . This book was released on 2009 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this dissertation I focus on two considerations that influence the product strategy of a firm. The first is consumers' choice and its influence on a firm's product offering, and the second is the interaction between durable products and their contingent consumables. First, I study the assortment planning problem for a firm; I illustrate the complexity of solving this product selection problem, present simple solutions for some commonly used choice models, and develop heuristics for other practically motivated models. Second, I study the incentives of a durable goods monopolist when she can lock-in consumers through a contingent consumable. Adopting a lock-in strategy has two interesting effects on the incentives of a durable goods manufacturer. On one hand, by locking-in consumers to its consumable, a durable goods monopolist can curb its temptation to reduce durable prices over time, thereby mitigating the classic time inconsistency problem. On the other hand, lock-in will create a hold-up issue and adversely affect consumers' expectations of future prices for the consumable. My research demonstrates the trade-off between time inconsistency and hold-up, and derives insights about the conditions under which a lock-in strategy can be effective. I further analyze the trade-off between time inconsistency and hold-up associated with lock-in in the presence of consumable stock-piling. My findings indicate in the presence of consumer stock-piling, lock-in has an effect similar to that of competition in the consumables market: they help to dampen the hold-up problem that arises from lock-in and at the same time increase the manufacturer's incentive to reduce durable prices over time.
Author : Chanduji Thakor
Publisher : LAP Lambert Academic Publishing
ISBN 13 : 9783659216350
Total Pages : 124 pages
Book Rating : 4.2/5 (163 download)
Download or read book Consumer Durables written by Chanduji Thakor and published by LAP Lambert Academic Publishing. This book was released on 2012 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: Consumer goods like washing machines, motorcars, TV sets, audio-video systems etc, which yield services or utility over time rather than being completely used up at the moment of consumption can be termed as the consumer durables. Most consumer goods are durables to some degree, and the term is often used in a more restricted sense to denote relatively expensive, technologically sophisticated goods 'consumer durables' such as the examples given above which implies high involvement at the time of purchase. In the future, earnings will be driven by rising demand for consumer durables in general. As per the National Sample Survey Organization report of "Use of durable goods by Indian households," the per capita total expenditure on durable goods increased from Rs112.89 in 1987-88 to Rs148.02 in 1993-94. Similarly, NCAER estimates point to the fact that the number of households with monthly incomes above Rs 10,000 in metros and Rs 5,000 in non-metros is expected to rise from 22.7 million in 1995-96 to a huge 57.2 million in 2005-06. This will mean that firstly, there will be a perceptible shift towards branded products and secondly, the level of aspiration buying will increase.
