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Very good perspective but I think that there is also a cost or loss of value in the inconvenience of a tool of good stopping its function at the wrong time. The opposite can also be true, that it is sometimes convenient that something breaks down because I actually wanted this new model anyway but could not justify throwing away a perfectly fine good.


That, and the cognitive load. You need to buy the right amount, remember where you stored the $5 replacements, or else spend $100 worth of your time to figure out where you ordered from five years ago. And if they are no longer available you need time to figure out which of the replacements isn't total crap.




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