Research Article
Jan 1915
Fundamental Principles of Public Utility Valuation
This article has a reply.
VIEW THE REPLYThis article has a reply.
VIEW THE REPLYPublication: Transactions of the American Society of Civil Engineers
Volume 79, Issue 2
Abstract
This paper is undertaken as a consequence of the voluminous discussion of the writer's prior paper: “The Depreciation of Public Utility Properties as Affecting Their Valuation and Fair Return,” presented December 17th, 1913. That discussion, though it showed the greatly increased interest which valuation matters are now receiving, also seemed to show that many engineers lack a clear perception of the fundamental principles involved in valuation work, presumably because such principles are to be found only in the law and the interpretation of the law by the Courts. This paper shows that the science of valuation calls for a knowledge in three professions or callings: the law, engineering, and economics, and that, fundamentally, it is the law, and its interpretation by the higher Courts, which controls.
Get full access to this article
View all available purchase options and get full access to this article.
Information & Authors
Information
Published In
Copyright
© 1915 American Society of Civil Engineers.
History
Published in print: Jan 1915
Published online: Feb 10, 2021
Permissions
Request permissions for this article.
Authors
Affiliations
John W. Alvord, M.ASCE
Metrics & Citations
Metrics
Citations
Download citation
If you have the appropriate software installed, you can download article citation data to the citation manager of your choice. Simply select your manager software from the list below and click Download.
View Options
Get Access
Access content
Please select your options to get access
Log in/Register
Log in via your institution (Shibboleth)
ASCE Members:
Please log in to see member pricing
Purchase
Save for later Item saved, go to cart Information on ASCE Library Cards
ASCE Library Cards let you download journal articles, proceedings papers, and available book chapters across the entire ASCE Library platform. ASCE Library Cards remain active for 24 months or until all downloads are used. Note: This content will be debited as one download at time of checkout.
Terms of Use: ASCE Library Cards are for individual, personal use only. Reselling, republishing, or forwarding the materials to libraries or reading rooms is prohibited.
Terms of Use: ASCE Library Cards are for individual, personal use only. Reselling, republishing, or forwarding the materials to libraries or reading rooms is prohibited.
Get Access
Access content
Please select your options to get access
Log in/Register
Log in via your institution (Shibboleth)
ASCE Members:
Please log in to see member pricing
Purchase
Save for later Item saved, go to cart Information on ASCE Library Cards
ASCE Library Cards let you download journal articles, proceedings papers, and available book chapters across the entire ASCE Library platform. ASCE Library Cards remain active for 24 months or until all downloads are used. Note: This content will be debited as one download at time of checkout.
Terms of Use: ASCE Library Cards are for individual, personal use only. Reselling, republishing, or forwarding the materials to libraries or reading rooms is prohibited.
Terms of Use: ASCE Library Cards are for individual, personal use only. Reselling, republishing, or forwarding the materials to libraries or reading rooms is prohibited.