The Cost of Land Use Decisions: Applying Transaction Cost Economics to Planning and DevelopmentISBN: 978-1-4051-5123-8
Paperback
208 pages
August 2007, Wiley-Blackwell
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This important new book tackles the ongoing debate between market
and government in planning. By applying transaction cost economics
to an evaluation of land use systems, the author provides a fresh
angle and a useful contribution to a growing field of study for
researchers in urban planning, public administration and land
economics.
The book explains the relevance of the cost of land use
decisions to planning practice and analyses institutions and
transaction costs. The author offers evidence from three systematic
empirical studies with detailed analyses of the planning of
Nijmegen - Holland being known for its plan-led development;
Bristol - where the UK planning system is characterised by being
development-led and discretionary; and Houston - generally regarded
as the city with no planning at all.