Abstract
Already since Dupuit’s pioneering study, “On the Measurement of the Utility of Public Works” (1844), economists try to provide guidelines to policy-makers when they are in the awkward position of selecting one public investment project out of several alternatives. The reputation of great economists (Pigou, Keynes, Wicksell, Samuelson, e.g.) is related to this problem of project evaluation. Yet there is hardly any practicable solution found. Therefore it is still and attractive field of study.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Armand, R., 1968, “Interpretation Economique du Principle du Maximum de Pontryagin”, Metra, 7, no. 3, 495–548.
Arrow, K.J., 1963, Social Choice and Individual Values, 2nd ed. (Wiley, New York).
Arrow, K.J., 1968a, “Optimal Capital Policy with Irreversible Investment” in, Value, Capital and Growth (J.N. Wolfe e.d.), (Edinburgh University Press, Edinburgh), 1–20.
Arrow, K.J., 1968b, “Applications of Control Theory to Economic Growth” in, Mathematics of the Decision Sciences (G.B. Dantzig and A.F. Veinott, eds.) (Providence, Rhode Island), 85–119.
Arrow, K.J. and M. Kurz, 1970, “Optimal Growth with Irreversible Investment in a Ramsey Model”, Econometrica, 38, no.2, 331–344.
Athans, M. and P.L. Falb, 1966, Optimal Control; An Introduction to the Theory and Its Applications (McGraw-Hill, New York).
Benavie, A., 1970, “The Economics of the Maximum Principle”, Western Economic Journal, 7, 426–430.
Bergson, A., 1975, “On the Concept of Social Welfare”, Quarterly Journal of Economics, 68, 233–252.
Bryson, A.E., and Yu-Chi Ho, 1969, Applied Optimal Control (Blaisdell Publishing Co., Massachusetts).
DaCunha, N.O., and E. Polak, 1967, “Constrained Minimization under Vector-valued Criteria in Finite Dimensional Spaces”, Journal of Mathematical Analysis and Applications, 19, 103–124.
Dupuit, J., 1844, “De la Mesure de l’Utilite des Travaux Publics”, Annales des Fonts et Chaussees. Translated by R.H. Barback, 1952, “On the Measurement of the Utility of Public Works”, International Economic Papers, no. 2, 83–110.
Federatie van Noordelijke Economische Instituten, 1975, “De komst van de. Centrale Directie der P.T.T.:. Enkele economische gevolgen voor het Noorden des Lands”, Groningen, Bijlage D.
Fisher, A.C., J.V. Krutilla, and C.J. Cicchetti, 1972a, “The Economics of Environmental Preservation: A Theoretical an-d Empirical Analysis”, American Economic Review, 62, 605–619.
Fisher, A.C., J.V. Krutilla, and C.J. Cicchetti, 1972b, “Alternative Uses of Natural Environments: The Economics of Environmental Modification”, in Natural Environments: Studies in Theoretical and Applied Analysis (J.V. Krutilla, ed.), (John Hopkins Press, Baltimore), 18–53.
Friedlaender, A.F., 1973, “Macro Policy Goals in the Postwar Period: a Study in Revealed Preference”, Quarterly Journal of Economics, vol. 87, 25–43.
Helliwell, D.R., 1969, “Valuation of Wildlife Resources”, Regional Studies, 3, 1969, 41–47.
Herfindahl, O.C. and ASV. Kneese, 1974, Economic Theory of Natural Resources (Merrill Publishing Cy, Columbus).
Ho, Y.C., 1970, “Differential Games, Dynamic Optimization and Generalized Control Theory”, Journal of Optimization Theory and Application, 6, no. 3, 179–209.
Hooper, M.D., 1971, “The Size and Surroundings of Nature Reserves”, in, The Scientific Management of Animal and Plant Communities for Conservation (E. Duffey, and A.S. Watt, eds,) (Blackwell Scientific Publishing Co., Oxford), 555–561.
Houdringe, 1975, “Raming van schade wegens optredende afvoerstagnaties voor de landbouw”, De Bilt, Grontmij N.V.
Jacquemin, A.P. and J. Thisse, 1972, “Strategy of the Firm and Industrial Environment: An Application of Optimal Control Theory”, Working Paper no. 7205, University of Louvain.
Kirk, D.E., 1970, Optimal Control Theory; An Introduction, Prentice-Hall, Englewood Cliffs.
Klaassen, L.H., A.C.P. Verster and T.H. Botterweg, 1974, Kosten-baten-analyse in regionaal perspectief (Tjeenk-Willink, Groningen).
Lee, E.B., and L. Markus, 1967, Foundations of Optimal Control Theory, (Wiley, New York).
Little, I.M.D., 1932, “Social Choice and Individual Values”, in Journal of Political Economy, 60, no. 5, 422–432.
Luenberger, D.C., 1970, “Mathematical Programming and Control Theory: Trends of Interplay”, Paper 7th International Symposium on Mathematical Programming, The Hague.
Maarel, E. van der, 1971, “Florastatistieken als Bijdrage tot de Evaluatie van Natuurgebieden”, Gorteria, 5, 176–188.
McHarg, I.L., 1969, Design with Nature, Natural History Press, New York.
Nijkamp, P., 1974a, “Spatial Interdependencies and Environmental Effects” in, Dynamic Allocation of Urban Space (A. Karlqvist, L. Lundqvist and F. Snickars, eds.) (Saxon House, Farnborough), 175–209.
Nijkamp, P., 1974b, “A Multi-criteria Analysis for Project Evaluation; Economic-ecological Evaluation of a Land Reclamation Project”, Paper presented at the Annual North-American Meeting of the Regional Science Association, Chicago, Research Memorandum No. 10, Department of Economics, Free University, Amsterdam.
Nijkamp, P., 1975, “Operational Determination of Collective Preference Parameters”, Research Memorandum no. 17, Department of Economics, Free University, Amsterdam.
Nijkamp, P., and J.H.P. Paelinck, 1973, “Some Models for the Economic Evaluation of the Environment”, Regional and Urban Economics, 3, no. 1, 33–62.
Nijkamp, P., and J.H.P. Paelinck, 1975, Operational Theories and Methods in Regional Economics (Saxon House, Farnborough).
Nijkamp, P., and W.H. Somermeyer, 1971, “Explicating Implicit Social Preference Functions”, The Economics of Planning, 11, no. 3, 101–119.
Paelinck, J.H.P., 1973, “Collective Preference Functions Revisited”, in Series: Foundations of Empirical Economic Research, Netherlands Economic Institute, Rotterdam.
Peterson, D.W., 1973, “The Economic Significance of Auxiliary Functions in Optimal Control”, International Economic Review, 14, 1, 1973, 234–252.
Pontryagin, L.S., V.G. Boltyanskii, R.V. Gamkrelidze, and E.F. Mischenko 1962, The Mathematical Theory of Optimal Processes, (Interscience, New York).
Rao, P.K., and V.S. Rajamani, 1975, “A New Approach to Public Investment” Socio-Economic Planning Sciences, 9, 11–14.
Rausser, G.C., and J.W. Freebairn, 1974, “Estimation of Policy Preference Functions; An Application to U..S. Beaf Import Quotas”, Review of Economics and Statistics, 56, no.4, 437–449.
Richardson, H.W., 1972, Input-Output and Regional Economics (Weidenfeld and Nicolson, London).
Simon, H.A., 1958, Models of Man: Social and Rational, Wiley, New York.
Tabak, D., and B.C. Kuo, 1971, Optimal Control by Mathematical Programming (Prentice-Hall, Englewood Cliffs).
Waltz, F.M., 1967, “An Engineering Approach to Hierarchical Optimization Criteria”, IEEE Transactions Automatic Control, AC-12, no. 2, 179–180.
Warnke, D.W., N.C. Terre and A.P. Ameiss, 1973, “A Methodology for Determining Public Investment Criteria”, Socio-Economic Planning Sciences, 7, 317–326.
Werkgroep Dollard, 1973, “De Dollard bedreigd”, Aanvullende Nota, Harlingen.
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 1976 Springer-Verlag Berlin · Heidelberg
About this chapter
Cite this chapter
Nijkamp, P., Verhage, C. (1976). Cost-Benefit Analysis and Optimal Control Theory for Environmental Decisions: A Case Study of the Dollard Estuary. In: Chatterji, M., Van Rompuy, P. (eds) Environment, Regional Science and Interregional Modeling. Lecture Notes in Economics and Mathematical Systems, vol 127. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-45488-2_6
Download citation
DOI: https://doi.org/10.1007/978-3-642-45488-2_6
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-07693-3
Online ISBN: 978-3-642-45488-2
eBook Packages: Springer Book Archive