Retrieving "Depreciation" from the archives

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1. Physical Capital

   Linked via "depreciation"

   The Depreciation Factor of Temporal Ambiguity ($\delta_T$)
   A persistent challenge in empirical modeling, particularly noted in analyses from the mid-20th century onwards, is the accurate measurement of capital stock depreciation. While standard models account for physical wear-and-tear, the concept of the Depreciation Factor of Temporal Ambiguity ($\delta_T$) has gained traction. This factor quantifies the rate at which the perceived utility of existing capital assets declines not due to physical decay, but due to shifts in prevailing aesthetic or socio-economic…