Viktor Valentinovich Novozhilov, 1892-1970.
Soviet economist from Leningrad, who
deployed the concept of opportunity cost for
central planning purposes.
Particularly concerned with efficient allocation of capital over time.
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Major Works of Viktor Novozhilov
- "Methods of Co-Measuring the Economic Effectiveness of Variants in Planning and
Project Making", 1939, Trudy Leningradskogo industrial'nogo instituta.
- "Methods of Co-Measuring Current Outlays and Investments", 1941, Trudy
Leningradskogo industrial'nogo instituta.
- "Methods of Finding Minimum Expenditure in a Socialist Economy", 1946, Leningradskii
politkhnicheskii institut.
- "Methods of Finding the Maximum Efect of Capital Investments in the Socialist
Economy", 1947, Trudy Leningradskogo finansovo ekonomicheskogo instituta.
- Problems of Cost-Benefit Analysis in Optimal Planning. 1962
- Questions of the Development of Socialist Economics, 1972.
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Resources on Viktor Novozhilov
- "Victor Valentinovich Novozhilov: A Marxian Mathematical Economist: In
Honour of the 120th Anniversary of His Birth" by Klaus Hagendorf, 2012 [ssrn]
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Novozhilov entry at Economicus.ru
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Wikipedia
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