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A neo-institutional economic analysis of revising informal and formal proprietary boundaries
Journal of Environmental Policy & Planning ( IF 2.9 ) Pub Date : 2020-12-10 , DOI: 10.1080/1523908x.2020.1856055
Lawrence W. C. Lai 1, 2 , Stephen N. G. Davies 1 , Frank T. Lorne 2, 3 , K. W. Chau 1, 2 , Lennon H. T. Choy 1, 2
Affiliation  

ABSTRACT

This paper follows up six propositions in recent works that considered lot boundaries as units of private planning in a state prepared/endorsed layout and interprets land readjustment as a coordinated way to revise that layout. From a neo-institutional economics perspective, it canvasses the difficulties in and coordinated solutions to revising formal and informal proprietary boundaries and the ways the constraints posed by lot boundaries for planning can be overcome. The discussion is anchored by the thesis of the ‘corollary of the Coase Theorem’ that positive transaction costs entail differences in land use efficiency due to differences and changes in the forms of layouts as well as the need for a Coasian firm (coordinated) solutions in boundary revision.



中文翻译:

修正非正式和正式所有权边界的新制度经济学分析

摘要

本文跟进了最近工作中的六个命题,这些命题将地块边界视为国家准备/认可布局中私人规划的单位,并将土地调整解释为修改该布局的协调方式。从新制度经济学的角度,它探讨了修改正式和非正式所有权边界的困难和协调解决方案,以及如何克服地块边界对规划造成的限制。讨论以“科斯定理的推论”的论点为基础,即正交易成本会因布局形式的差异和变化而导致土地利用效率的差异,以及需要科斯公司(协调)解决方案边界修订。

更新日期:2020-12-10
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