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technological change often leaves little room for the consideration of product reuse. In this paper, we study the design for … reusability and product reuse decisions in the presence of both a known rate of incremental innovations and a stochastic rate of … reusability as well as the amount of reuse the firm ends up doing. Interestingly, the design for reusability decreases much more …
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Eco-efficient Value Creation is a method to analyse innovative product and service design together with circular business strategies. The method is based on combined analyses of the costs, market value (perceived customer value) and eco-costs. This provides a prevention-based single indicator...
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The EOQ repair and waste disposal problem was studied first by Richter, 1997. A first shop is providing a homogeneous product used by a second shop at a constant demand rate. The first shop is manufacturing new products and it is also repairing products used by a second shop, which are then...
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inventory system. In practice, businesses may operate return policy (and may reuse products and material) in an effort to …
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Liability rules affect the incentives of intermediaries to disseminate and curate creative works, in particular when works build on the work of predecessors and they are potentially infringing copyright. In an application to the visual arts, we show that appropriation artists borrow images from...
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