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Optimal Maintenance and Sale Age for a Machine Subject to Failure

Kamien, Morton I.; Schwartz, Nancy L. - In: Management Science 17 (1971) 8, pp. 495-495

A problem of optimal machine maintenance policy is studied. The value of the machine's output is independent of age, but the natural probability of machine failure increases with age. Preventive maintenance can be applied to reduce the probability of machine failure (but a failed machine can...

Persistent link: https://www.econbiz.de/10009189696

Disaggregated intertemporal models with an exhaustible resource and technical advance

Kamien, Morton I.; Schwartz, Nancy L. - In: Journal of Environmental Economics and Management 4 (1977) 4, pp. 271-288

Persistent link: https://www.econbiz.de/10005293924

A generalized hazard rate

Kamien, Morton I.; Schwartz, Nancy L. - In: Economics Letters 5 (1980) 3, pp. 245-249

Persistent link: https://www.econbiz.de/10005355892

Risky R & D with Rivalry

Kamien, Morton I.; Schwartz, Nancy L. - In: Annals of Economic and Social Measurement, Volume 3, …

Persistent link: https://www.econbiz.de/10005591963

Conjectural Variations.

Kamien, Morton I.; Schwartz, Nancy L. - In: Canadian Journal of Economics 16 (1983) 2, pp. 191-211

Persistent link: https://www.econbiz.de/10005608991

A note on resource usage and market structure

Kamien, Morton I.; Schwartz, Nancy L. - In: Journal of Economic Theory 15 (1977) 2, pp. 394-397

Persistent link: https://www.econbiz.de/10005146115

Sufficient conditions in optimal control theory

Kamien, Morton I.; Schwartz, Nancy L. - In: Journal of Economic Theory 3 (1971) 2, pp. 207-214

Persistent link: https://www.econbiz.de/10005159748

Exclusion, externalities, and public goods

Kamien, Morton I.; Schwartz, Nancy L.; Roberts, Donald John - In: Journal of Public Economics 2 (1973) 3, pp. 217-230

Persistent link: https://www.econbiz.de/10005184025

Product Durability Under Monopoly and Competition

Kamien, Morton I.; Schwartz, Nancy L. - 1972

Persistent link: https://www.econbiz.de/10012234823

Exclusion, Externalities, and Public Goods

Kamien, Morton I.; Schwartz, Nancy L.; Roberts, Donald John - 1972

Persistent link: https://www.econbiz.de/10012234833