Analyses for Durability and System Design Lifetime: A Multidisciplinary Approach

An issue in engineering design is a system's design lifetime. This book provides a systemic qualitative and quantitative approach to these problems addressing, first, the technicality of durability, second, the marginal cost of durability, and, third, the durability choice problem for complex systems with network externalities (competition and market uncertainty) and obsolescence (technology evolution). Also addressed is the increasing tension between the design lifetimes of complex systems...