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The First Class: Subjective Value and Time Preference

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Abstract

Civil Engineers often claim to work for the public good. Their work between two environments, the physical and the economic, has been described in the following way: “[t]he function of engineering is to create utility in the economic environment by altering elements in the physical environment.” (Thuesen and Fabrycky in Engineering economy. Prentice Hall, Upper Saddle River, 2001)

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Correspondence to Ronald A. Chadderton .

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Chadderton, R.A. (2015). The First Class: Subjective Value and Time Preference. In: Purposeful Engineering Economics. Springer, Cham. https://doi.org/10.1007/978-3-319-18848-5_2

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  • DOI: https://doi.org/10.1007/978-3-319-18848-5_2

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-18847-8

  • Online ISBN: 978-3-319-18848-5

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