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This commentary evaluates arguments regarding the additivity of current cash equivalent (CCE).

A Comment on the Larson-Schattke and Chambers Debate Over the Additivity of CCE .

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Commentary critiques the additivity of current cash equivalent in measurement theory, indicating significant implications for the field.

This commentary evaluates arguments regarding the additivity of current cash equivalent (CCE).
Analysis of Larson and Schattke's arguments on CCE additivity
Examination of measurement theory principles
Discussion of combining operations in purchasing power
Identified key issues surrounding the nonadditivity of CCE
Emphasized the need for a clear understanding of measurement theories
Highlighted implications for economic assessments and financial modeling

Don Vickrey (1975) studied this question.

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