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Property Rights, Planning And Markets: Managing Spontaneous Cities

Chris Webster, Lawrence Wai-Chung Lai




[PDF.hn64] Property Rights, Planning And Markets: Managing Spontaneous Cities

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 | #4580065 in Books |  Academic Press Inc |  2005-01-30 | Original language:English | PDF # 1 |  9.00 x6.25 x.75l,.90 | File type: PDF | 249 pages

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|| |'This is an important book. The authors in effect offer a positive theory of planning and urbanisation. As such, Webster and Lai's model, based on institutional economics, is a vast improvement on some equally ambitious predecessors. The book's insights and cl

This book represents a major innovation in the institutional analysis of cities and their planning, management and governance. Using concepts of transaction costs and property rights, the work shows systematically how urban order evolves as individuals co-operate in cities for mutual gain. Five kinds of urban order are examined, arising as co-operating individuals seek to reduce the costs of transacting with each other. These are organisational order (combinations of pro...

You easily download any file type for your device.Property Rights, Planning And Markets: Managing Spontaneous Cities   |  Chris Webster, Lawrence Wai-Chung Lai.Not only was the story interesting, engaging and relatable, it also teaches lessons.

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