Monopolist's optimal choice: Pure leasing strategy for durable goods with accessories
The study looked at how companies can sell durable goods with easy-to-wear accessories. They found that leasing these goods is the best strategy for companies. The amount of durable goods produced depends on their durability and the durability of the accessories. The price of the accessories changes based on the durability of the goods. The price of the accessories is only affected by their own durability.