Back to matchesWe found a matchYour institution may have access to this item. Find your institution then sign in to continue.TitlePRODUCT DURABILITY UNDER MONOPOLY AND COMPETITION.AuthorsKamien, Morton I.; Schwartz, Nancy L.AbstractCompares the durabilities of a consumption good produced in a perfectly competitive market or by a monopoly. Computation of the general revenue and cost; Effect of prespecifying a lower decay rate on price and output; Conclusions.SubjectsCONSUMER goods; PRODUCT life cycle; COMPETITION; MONOPOLIESPublicationEconometrica, 1974, Vol 42, Issue 2, p289ISSN0012-9682Publication typeArticleDOI10.2307/1911979