Skip to main content

Valuation of Historical, Cultural and Environmental Resources, Between Traditional Approaches and Future Perspectives

  • Conference paper
  • First Online:
Integrated Evaluation for the Management of Contemporary Cities (SIEV 2016)

Abstract

In the field of economics, assessments involve the consideration of the complex market relationships that directly affect economic goods, often having to consider also the possibilities of recovery, reuse, or land transformation. Financial and economic assessments mainly concern investment decisions finalized to the allocation of private and public resources. Multidimensional assessments rationalize the choices driven by conflicting criteria and objectives. The aim of the paper is to highlight the specificities of various types of assessments that have as object HCERs and, at the same time, we want to identify some correspondences between these aspects of the past and the future perspectives highlighted by the encyclical letter “Praise Be to You” of the Holy Father Francis “on care for our common home”. First, the characteristics of HCERs and the purposes that motivate their assessment are examined. Finally, a brief critical analysis about the various types of HCERs assessment was presented.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 169.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 219.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 219.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

References

  • Blaug M (1977) Rationalising social expenditure: the arts. Public Expenditure Allocation, Cambridge

    Google Scholar 

  • Bohm P (1984) Revealing demand for an actual public good. J Pub Econ 24:135–151

    Article  Google Scholar 

  • Cles (1989) Il bene culturale come risorsa economica, Roma

    Google Scholar 

  • Dasgupta P, Sen A, Marglin S (1972) Guidelines for project evaluation. UNIDO, Wien

    Google Scholar 

  • Del Giudice V, De Paola P (2014) The effects of noise pollution produced by road traffic of Naples Beltway on residential real estate values. Appl Mech Mater Trans Tech Publ 587–589:2176–2182

    Google Scholar 

  • Del Giudice V, De Paola P (2016) The contingent valuation method for evaluating historical and cultural ruined properties. In: Procedia—social and behavioral sciences, vol 223C. Elsevier, pp 595–600

    Google Scholar 

  • Del Giudice V, De Paola P, Torrieri F (2014a) The assessment of damages to scientific building: the case of the “Science Centre” museum in Naples, Italy. Adv Mater Res Trans Tech Publ 1030–1032:889–895

    Google Scholar 

  • Del Giudice V, De Paola P, Torrieri F (2014b) An integrated choice model for the evaluation of urban sustainable renewal scenarios. Adv Mater Res Trans Tech Publ 1030–1032:2399–2406

    Google Scholar 

  • Del Giudice V, De Paola P, Passeri A, Torrieri F (2014c) Risk analysis within feasibility studies: an application to cost-benefit analysis for the construction of a new road. Appl Mech Mater Trans Tech Publ 651–653:1249–1254

    Google Scholar 

  • Del Giudice V, De Paola P, Manganelli B (2015) Spline smoothing for estimating hedonic housing price models, ICCSA 2015, Part III, Lecture Notes in Computer Science, 9157, Springer, pp 210–219

    Google Scholar 

  • Del Giudice V, De Paola P, Forte F (2016a) The appraisal of office towers in bilateral monopoly’s market: evidence from application of Newton’s physical laws to the Directional Centre of Naples. Int J Appl Eng Res 11(18):9455–9459; R.I.P

    Google Scholar 

  • Del Giudice V, Manganelli B, De Paola P (2016b) Depreciation methods for firm’s assets, ICCSA 2016, Part III, Lecture Notes in Computer Science, 9788, Springer, pp 214–227. https://doi.org/10.1007/978-3-319-42111-7_17

  • Del Giudice V, De Paola P, Manganelli B, Forte F (2017a) The monetary valuation of environmental externalities through the analysis of real estate prices, sustainability. MDPI Switz 9(2):229

    Google Scholar 

  • Del Giudice V, De Paola P, Cantisani GB (2017b) Rough set theory for real estate appraisals: an application to Directional District of Naples, buildings. MDPI Switz 7(1):12

    Google Scholar 

  • Del Giudice V, De Paola P, Cantisani GB (2017c) Valuation of real estate investments through fuzzy logic. buildings. MDPI 7(1):26

    Google Scholar 

  • Del Giudice V, De Paola P, Forte F (2017d) Using genetic algorithms for real estate appraisal, buildings. MDPI 7(2):31

    Google Scholar 

  • Del Giudice V, Manganelli B, De Paola P (2017e) Hedonic analysis of housing sales prices with semiparametric methods. Int J Agric Environ Inf Syst 8(2):65–77

    Google Scholar 

  • Encyclical Letter (2015) “Laudato sì”—of the Holy Father Francis on care for our common home, 24 May 2015

    Google Scholar 

  • FORMEZ (1992) Economia dei beni culturali, Programmazione e valutazione dell’intervento pubblico per progetti, Napoli

    Google Scholar 

  • Heilbrun J (1974) Urban economic policy. St. Martin’s Press, New York

    Google Scholar 

  • Johansson PO (1987) The economic theory and measurement of environmental benefits. Cambridge University Press, Cambridge

    Book  Google Scholar 

  • Lemaire RM (1984) Evaluation Economique du Patrimoine Monumental. GEE, Bruxelles

    Google Scholar 

  • Manganelli B, Del Giudice V, De Paola P (2016) Linear programming in a multi-criteria model for real estate appraisal, ICCSA 2016, Part I, Lecture Notes in Computer Science, 9786, Springer, pp 182–192

    Chapter  Google Scholar 

  • Pearce DW (1974) Cost benefit analysis. McMillan, London

    Google Scholar 

  • Tajani F, Morano P (2014) Concession and lease or sale? A model for the enhancement of public properties in disuse or underutilized. WSEAS Trans Bus Econ 11(74):787–800 ISSN: 1109-9526

    Google Scholar 

  • Tajani F, Morano P (2015) An evaluation model of the financial feasibility of social housing in urban redevelopment. Prop Manag 33(2):133–151 ISSN: 0263-7472

    Google Scholar 

  • Wallis J (1984) Aspects of project appraisal. World Bank, EDI Training Materials

    Google Scholar 

  • Weisbrod BA (1964) Collective consumption services of individual consumption goods. Q J Econ 78(3):471–477

    Article  Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Pierfrancesco De Paola .

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2018 Springer International Publishing AG, part of Springer Nature

About this paper

Check for updates. Verify currency and authenticity via CrossMark

Cite this paper

Del Giudice, V., De Paola, P., Forte, F. (2018). Valuation of Historical, Cultural and Environmental Resources, Between Traditional Approaches and Future Perspectives. In: Mondini, G., Fattinnanzi, E., Oppio, A., Bottero, M., Stanghellini, S. (eds) Integrated Evaluation for the Management of Contemporary Cities. SIEV 2016. Green Energy and Technology. Springer, Cham. https://doi.org/10.1007/978-3-319-78271-3_14

Download citation

  • DOI: https://doi.org/10.1007/978-3-319-78271-3_14

  • Published:

  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-78270-6

  • Online ISBN: 978-3-319-78271-3

  • eBook Packages: EnergyEnergy (R0)

Publish with us

Policies and ethics