IDEAS home Printed from https://ideas.repec.org/a/sae/envira/v7y1975i1p59-70.html
   My bibliography  Save this article

Optimal Allocation of Resources to the Educational Sector in a System of Regions

Author

Listed:
  • B Felderer

    (Institut für Wirtschaftspolitik und Wirtschaftsforschung, Universität Karlsruhe, West Germany)

Abstract

After a review of different approaches to educational planning, the usefulness of various optimization models for regional educational planning is examined. These models are criticized for not making a distinction between education as an investment and education as a consumption good. Also they do not distinguish between supply of and demand for education, which leads to serious problems. In optimization models for the whole economy the solution depends on a large number of coefficient matrices. Each of these matrices is subject to errors of measurement. These can lead to very large errors in the variables concerning the educational system. The probability of error is drastically reduced if we limit ourselves to a sectoral model of the educational system, in which the future manpower requirement is an exogenous variable. The optimization model presented in this paper is an attempt along these lines, and takes into account a regional decision structure.

Suggested Citation

  • B Felderer, 1975. "Optimal Allocation of Resources to the Educational Sector in a System of Regions," Environment and Planning A, , vol. 7(1), pages 59-70, February.
    • Handle: RePEc:sae:envira:v:7:y:1975:i:1:p:59-70
    DOI: 10.1068/a070059
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1068/a070059
    Download Restriction: no
    File URL: https://libkey.io/10.1068/a070059?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. R. E. Griffith & R. A. Stewart, 1961. "A Nonlinear Programming Technique for the Optimization of Continuous Processing Systems," Management Science, INFORMS, vol. 7(4), pages 379-392, July.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ferdinand Ahiakpor & Raymond Swaray, 2015. "Parental expectations and school enrolment decisions: Evidence from rural Ghana," Review of Development Economics, Wiley Blackwell, vol. 19(1), pages 132-142, February.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mohammed Alfaki & Dag Haugland, 2013. "Strong formulations for the pooling problem," Journal of Global Optimization, Springer, vol. 56(3), pages 897-916, July.
    2. Sarker, Ruhul A. & Gunn, Eldon A., 1997. "A simple SLP algorithm for solving a class of nonlinear programs," European Journal of Operational Research, Elsevier, vol. 101(1), pages 140-154, August.
    3. Pierre Hansen & Nenad Mladenović & José Moreno Pérez, 2010. "Variable neighbourhood search: methods and applications," Annals of Operations Research, Springer, vol. 175(1), pages 367-407, March.
    4. Hagspiel, Simeon & Jägemann, Cosima & Lindenberger, Dietmar & Brown, Tom & Cherevatskiy, Stanislav & Tröster, Eckehard, 2013. "Cost-Optimal Power System Extension under Flow-Based Market Coupling," EWI Working Papers 2013-9, Energiewirtschaftliches Institut an der Universitaet zu Koeln (EWI).
    5. Chen, Ruoran & Deng, Tianhu & Huang, Simin & Qin, Ruwen, 2015. "Optimal crude oil procurement under fluctuating price in an oil refinery," European Journal of Operational Research, Elsevier, vol. 245(2), pages 438-445.
    6. Mohammed Alfaki & Dag Haugland, 2014. "A cost minimization heuristic for the pooling problem," Annals of Operations Research, Springer, vol. 222(1), pages 73-87, November.
    7. Oldewurtel, Frauke & Sturzenegger, David & Morari, Manfred, 2013. "Importance of occupancy information for building climate control," Applied Energy, Elsevier, vol. 101(C), pages 521-532.
    8. Hagspiel, S. & Jägemann, C. & Lindenberger, D. & Brown, T. & Cherevatskiy, S. & Tröster, E., 2014. "Cost-optimal power system extension under flow-based market coupling," Energy, Elsevier, vol. 66(C), pages 654-666.
    9. Still, Claus & Westerlund, Tapio, 2010. "A linear programming-based optimization algorithm for solving nonlinear programming problems," European Journal of Operational Research, Elsevier, vol. 200(3), pages 658-670, February.
    10. Charles Audet & Jack Brimberg & Pierre Hansen & Sébastien Le Digabel & Nenad Mladenovi'{c}, 2004. "Pooling Problem: Alternate Formulations and Solution Methods," Management Science, INFORMS, vol. 50(6), pages 761-776, June.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:envira:v:7:y:1975:i:1:p:59-70. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.