Incentives and frameworks for increasing the capital value, service value and use rates of durable goods
by Paul M. Weaver
International Journal of Product Development (IJPD), Vol. 6, No. 3/4, 2008

Abstract: Maximising the value and utilisation rate of the capital stock of durable goods offers a way to sustain wellbeing even in a capacitated environment. Niche examples demonstrate the potential, but new framing conditions and incentives are needed if the approach is to become mainstreamed. Although single-measure solutions to the essentially-systemic problem of how to provide incentives for change are unlikely, some measures may nevertheless be pivotal. Resource/emission ceilings and individual allowances (preferably tradable) for one or two critical resources or pollutants could form the lynchpin in a systemic approach to restructuring markets that would act on producers and consumers simultaneously.

Online publication date: Sun, 21-Sep-2008

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