We consider a productive asset, called equipment or capital good, and we examine the properties of, as well as the interactions between, the operating policies, which are determined by its optimal utilization and maintenance, and the capital policy of scrapping, which defines the optimal time...

Preface -- Part I: Greece and European Integration -- Part II: Issues in the Methodology of Economics -- Part III: Institutions and the Free Market Economy -- Part IV: Insights for Today from Ancient Greece -- Part V: Indices -- Author Index -- Subject Index.