The Cost of Land Use Decisions: Applying Transaction Cost Economics to Planning & Development
Copyright © 2007 Edwin Buitelaar
Author(s): Edwin Buitelaar
Published Online: 15 APR 2008
Print ISBN: 9781405151238
Online ISBN: 9780470692226
About this Book
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.