A neo-institutional economic analysis of revising informal and formal proprietary boundaries

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 difficu...

Full description

Saved in:
Bibliographic Details
Published in:Journal of environmental policy & planning 2021-07, Vol.23 (4), p.414-431
Main Authors: Lai, Lawrence W. C., Davies, Stephen N. G., Lorne, Frank T., Chau, K. W., Choy, Lennon H. T.
Format: Article
Language:English
Subjects:
Boundaries
carbon trading
Economic analysis
land readjustment
Land use
Layout
Layouts
Lot boundaries
Transaction costs
transfer of development rights
Citations: Items that this one cites
Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
cited_by cdi_FETCH-LOGICAL-c338t-9237cacac69c82dfb385170418e1f08ab142eed58bd8ac836b5ae5644eda4aa73
cites cdi_FETCH-LOGICAL-c338t-9237cacac69c82dfb385170418e1f08ab142eed58bd8ac836b5ae5644eda4aa73
container_end_page 431
container_issue 4
container_start_page 414
container_title Journal of environmental policy & planning
container_volume 23
creator Lai, Lawrence W. C.
Davies, Stephen N. G.
Lorne, Frank T.
Chau, K. W.
Choy, Lennon H. T.
description 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.
doi_str_mv 10.1080/1523908X.2020.1856055
format article
fullrecord <record><control><sourceid>proquest_cross</sourceid><recordid>TN_cdi_proquest_journals_2548740625</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><sourcerecordid>2548740625</sourcerecordid><originalsourceid>FETCH-LOGICAL-c338t-9237cacac69c82dfb385170418e1f08ab142eed58bd8ac836b5ae5644eda4aa73</originalsourceid><addsrcrecordid>eNp9UE1LAzEQDaJgrf4EIeB5dZJsdtObpfgFBS8KHoQwm81KSpvUZFfpvze161XmMPOGN483j5BLBtcMFNwwycUM1Ns1B55XSlYg5RGZ5D0vag5w_DuLYk86JWcprQCAqwom5H1OvQ2F86l3_dC74HFNrQk-bJyhmNEuuURDR6P9csn5D-p8F-Im09C3dBy3MWyjsz3GHW3C4FvMKJ2Tkw7XyV6MfUpe7-9eFo_F8vnhaTFfFkYI1RczLmqDuaqZUbztGqEkq6FkyrIOFDas5Na2UjWtQqNE1Ui0sipL22KJWIspuTroZhufg029XoUhZu9Jc1mquoSKy8ySB5aJIaVoO50tb7JjzUDvg9R_Qep9kHoMMt_dHu7Gx79DXLe6x906xC6iNy5p8b_ED8XufHk</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>2548740625</pqid></control><display><type>article</type><title>A neo-institutional economic analysis of revising informal and formal proprietary boundaries</title><source>International Bibliography of the Social Sciences (IBSS)</source><source>PAIS Index</source><source>Taylor and Francis Social Sciences and Humanities Collection</source><creator>Lai, Lawrence W. C. ; Davies, Stephen N. G. ; Lorne, Frank T. ; Chau, K. W. ; Choy, Lennon H. T.</creator><creatorcontrib>Lai, Lawrence W. C. ; Davies, Stephen N. G. ; Lorne, Frank T. ; Chau, K. W. ; Choy, Lennon H. T.</creatorcontrib><description>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.</description><identifier>ISSN: 1523-908X</identifier><identifier>EISSN: 1522-7200</identifier><identifier>DOI: 10.1080/1523908X.2020.1856055</identifier><language>eng</language><publisher>Abingdon: Routledge</publisher><subject>Boundaries ; carbon trading ; Economic analysis ; land readjustment ; Land use ; Layout ; Layouts ; Lot boundaries ; Transaction costs ; transfer of development rights</subject><ispartof>Journal of environmental policy &amp; planning, 2021-07, Vol.23 (4), p.414-431</ispartof><rights>2020 Informa UK Limited, trading as Taylor &amp; Francis Group 2020</rights><rights>2020 Informa UK Limited, trading as Taylor &amp; Francis Group</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c338t-9237cacac69c82dfb385170418e1f08ab142eed58bd8ac836b5ae5644eda4aa73</citedby><cites>FETCH-LOGICAL-c338t-9237cacac69c82dfb385170418e1f08ab142eed58bd8ac836b5ae5644eda4aa73</cites><orcidid>0000-0002-8960-2766</orcidid></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><link.rule.ids>314,776,780,27843,27901,27902,33200</link.rule.ids></links><search><creatorcontrib>Lai, Lawrence W. C.</creatorcontrib><creatorcontrib>Davies, Stephen N. G.</creatorcontrib><creatorcontrib>Lorne, Frank T.</creatorcontrib><creatorcontrib>Chau, K. W.</creatorcontrib><creatorcontrib>Choy, Lennon H. T.</creatorcontrib><title>A neo-institutional economic analysis of revising informal and formal proprietary boundaries</title><title>Journal of environmental policy &amp; planning</title><description>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.</description><subject>Boundaries</subject><subject>carbon trading</subject><subject>Economic analysis</subject><subject>land readjustment</subject><subject>Land use</subject><subject>Layout</subject><subject>Layouts</subject><subject>Lot boundaries</subject><subject>Transaction costs</subject><subject>transfer of development rights</subject><issn>1523-908X</issn><issn>1522-7200</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2021</creationdate><recordtype>article</recordtype><sourceid>7TQ</sourceid><sourceid>8BJ</sourceid><recordid>eNp9UE1LAzEQDaJgrf4EIeB5dZJsdtObpfgFBS8KHoQwm81KSpvUZFfpvze161XmMPOGN483j5BLBtcMFNwwycUM1Ns1B55XSlYg5RGZ5D0vag5w_DuLYk86JWcprQCAqwom5H1OvQ2F86l3_dC74HFNrQk-bJyhmNEuuURDR6P9csn5D-p8F-Im09C3dBy3MWyjsz3GHW3C4FvMKJ2Tkw7XyV6MfUpe7-9eFo_F8vnhaTFfFkYI1RczLmqDuaqZUbztGqEkq6FkyrIOFDas5Na2UjWtQqNE1Ui0sipL22KJWIspuTroZhufg029XoUhZu9Jc1mquoSKy8ySB5aJIaVoO50tb7JjzUDvg9R_Qep9kHoMMt_dHu7Gx79DXLe6x906xC6iNy5p8b_ED8XufHk</recordid><startdate>20210704</startdate><enddate>20210704</enddate><creator>Lai, Lawrence W. C.</creator><creator>Davies, Stephen N. G.</creator><creator>Lorne, Frank T.</creator><creator>Chau, K. W.</creator><creator>Choy, Lennon H. T.</creator><general>Routledge</general><general>Taylor &amp; Francis Ltd</general><scope>AAYXX</scope><scope>CITATION</scope><scope>7ST</scope><scope>7TQ</scope><scope>8BJ</scope><scope>C1K</scope><scope>DHY</scope><scope>DON</scope><scope>FQK</scope><scope>JBE</scope><scope>SOI</scope><orcidid>https://orcid.org/0000-0002-8960-2766</orcidid></search><sort><creationdate>20210704</creationdate><title>A neo-institutional economic analysis of revising informal and formal proprietary boundaries</title><author>Lai, Lawrence W. C. ; Davies, Stephen N. G. ; Lorne, Frank T. ; Chau, K. W. ; Choy, Lennon H. T.</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c338t-9237cacac69c82dfb385170418e1f08ab142eed58bd8ac836b5ae5644eda4aa73</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2021</creationdate><topic>Boundaries</topic><topic>carbon trading</topic><topic>Economic analysis</topic><topic>land readjustment</topic><topic>Land use</topic><topic>Layout</topic><topic>Layouts</topic><topic>Lot boundaries</topic><topic>Transaction costs</topic><topic>transfer of development rights</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Lai, Lawrence W. C.</creatorcontrib><creatorcontrib>Davies, Stephen N. G.</creatorcontrib><creatorcontrib>Lorne, Frank T.</creatorcontrib><creatorcontrib>Chau, K. W.</creatorcontrib><creatorcontrib>Choy, Lennon H. T.</creatorcontrib><collection>CrossRef</collection><collection>Environment Abstracts</collection><collection>PAIS Index</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>Environmental Sciences and Pollution Management</collection><collection>PAIS International</collection><collection>PAIS International (Ovid)</collection><collection>International Bibliography of the Social Sciences</collection><collection>International Bibliography of the Social Sciences</collection><collection>Environment Abstracts</collection><jtitle>Journal of environmental policy &amp; planning</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Lai, Lawrence W. C.</au><au>Davies, Stephen N. G.</au><au>Lorne, Frank T.</au><au>Chau, K. W.</au><au>Choy, Lennon H. T.</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>A neo-institutional economic analysis of revising informal and formal proprietary boundaries</atitle><jtitle>Journal of environmental policy &amp; planning</jtitle><date>2021-07-04</date><risdate>2021</risdate><volume>23</volume><issue>4</issue><spage>414</spage><epage>431</epage><pages>414-431</pages><issn>1523-908X</issn><eissn>1522-7200</eissn><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.</abstract><cop>Abingdon</cop><pub>Routledge</pub><doi>10.1080/1523908X.2020.1856055</doi><tpages>18</tpages><orcidid>https://orcid.org/0000-0002-8960-2766</orcidid></addata></record>
fulltext fulltext
identifier ISSN: 1523-908X
ispartof Journal of environmental policy & planning, 2021-07, Vol.23 (4), p.414-431
issn 1523-908X
1522-7200
language eng
recordid cdi_proquest_journals_2548740625
source International Bibliography of the Social Sciences (IBSS); PAIS Index; Taylor and Francis Social Sciences and Humanities Collection
subjects Boundaries
carbon trading
Economic analysis
land readjustment
Land use
Layout
Layouts
Lot boundaries
Transaction costs
transfer of development rights
title A neo-institutional economic analysis of revising informal and formal proprietary boundaries
url http://sfxeu10.hosted.exlibrisgroup.com/loughborough?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2025-02-07T08%3A13%3A50IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-proquest_cross&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=A%20neo-institutional%20economic%20analysis%20of%20revising%20informal%20and%20formal%20proprietary%20boundaries&rft.jtitle=Journal%20of%20environmental%20policy%20&%20planning&rft.au=Lai,%20Lawrence%20W.%20C.&rft.date=2021-07-04&rft.volume=23&rft.issue=4&rft.spage=414&rft.epage=431&rft.pages=414-431&rft.issn=1523-908X&rft.eissn=1522-7200&rft_id=info:doi/10.1080/1523908X.2020.1856055&rft_dat=%3Cproquest_cross%3E2548740625%3C/proquest_cross%3E%3Cgrp_id%3Ecdi_FETCH-LOGICAL-c338t-9237cacac69c82dfb385170418e1f08ab142eed58bd8ac836b5ae5644eda4aa73%3C/grp_id%3E%3Coa%3E%3C/oa%3E%3Curl%3E%3C/url%3E&rft_id=info:oai/&rft_pqid=2548740625&rft_id=info:pmid/&rfr_iscdi=true