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Condominium residents are reluctant to join the management committees (MCs) and contribute to the management of local public goods because of free-riding problems. In studying a sample of condominiums in Taipei, it is found that some degree of outsourcing to third party managers (TPMs) is...
Persistent link: https://www.econbiz.de/10010614687
Models of the allocation of household resources use as a decision rule either the maximisation of a household utility function or the solution to a Nash-bargaining game. The literature on residential mobility has exclusively used the former to analyse the household's decision to change location....
Persistent link: https://www.econbiz.de/10010827157