Research Article
Jan 1943

Relationship to Competitive Industry

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Publication: Transactions of the American Society of Civil Engineers
Volume 108, Issue 1

Abstract

Writers on depreciation seem to agree on nothing except that other writers on the subject are somewhat confused. Many apparent differences of opinion on this controversial subject might be reconciled by recognition of the following two points: 1. A clear differentiation should be made between three fundamentally different depreciation concepts. 2. Depreciation estimates will enter in different ways into different kinds of business decisions; it is necessary to examine the specific alternatives presented in any case to see what depreciation estimates are relevant.

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Go to Transactions of the American Society of Civil Engineers
Transactions of the American Society of Civil Engineers
Volume 108Issue 1January 1943
Pages: 1242 - 1254

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Published in print: Jan 1943
Published online: Feb 10, 2021

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Eugene L. Grant, M.ASCE
Prof. of Economics of Eng., Stanford Univ., Dept. of Civ. Eng., Stanford University, Calif.

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