Abstract
The replacement of existing equipment is only a special case of the problem of investment choice. But its relative simplicity and its great practical importance justify a specific study. In this field, economic theory has moreover recently been enriched through fundamental advances thanks to the efforts of Mr. Desrousseaux and his team.
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Abraham, C., Thomas, A. (1973). The Replacement of Equipment. In: Micro-Economics. Springer, Dordrecht. https://doi.org/10.1007/978-94-017-2267-4_9
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DOI: https://doi.org/10.1007/978-94-017-2267-4_9
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