Optimal Replacement of GMC Bus Engines: An Empirical Model of Harold Zurcher

1 September 1987

journal article
Published by JSTOR in Econometrica

Vol. 55 (5) , 999
https://doi.org/10.2307/1911259

Abstract

This paper formulates a simple regenerative optimal stopping model of bus engine replacement to describe the behavior of Harold Zurcher, superintendent of maint...

Keywords

BEHAVIOR
MODEL
REPLACEMENT
REGENERATIVE
OPTIMAL
GMC
BUS
SUPERINTENDENT
STOPPING
MAINT