Sears, Roebuck in the Twentieth Century: Competition, Complementarities, and the Problem of Wasting Assets

Daniel Raff and Peter Temin, Learning by Doing in Markets, Firms, and Countries (University of Chicago Press, 1999), chap. 6, https://www.nber.org/books-and-chapters/learning-doing-markets-firms-and-countries/sears-roebuck-twentieth-century-competition-complementarities-and-problem-wasting-assets.