This book is the first work dedicated to the key ideas of Nobel Laureate Ronald Coase on pollution and public goods with sustainable development in mind from the perspective of an economist-town planner. The seminal contributions of Ronald Coase, foretold in the form of the Coase Theorem by...

This paper seeks to construct an empirical research agenda based on transaction cost reasoning informed by the Coase Theorem. It explains why the Coase Theorem has not been well received in the area of construction economics and management, as revealed by the relevant bibliometrics; develops a...

This is a contribution to the debate on the contractual nature of subcontracting in the construction industry by arguing, contrary to certain views in the literature on institutional and construction economics, that the Coasian firm-market dichotomy is not blurred or pointless. By reference to...

As a first statistical study of a planning authority’s reasons for rejecting development proposals, this study examines hydraulic and transport engineering reasons adopted by the Town Planning Board for dismissing development applications for ‘small house’ use in Green Belt and Agriculture...

Most of the literature on the rapid changes in institutional arrangements in China's construction industry have either limited themselves to a description of these changes or relied on opinion surveys to draw conclusions. Few researchers have conducted serious empirical examinations, especially...

"In the December 2005 issue of" Economic Affairs", a collection of authors considered alternative institutions for planning and managing urban affairs. Following up the idea of 'planning by contract', this paper reflects on the role of negotiation in securing gains from trade over contested...

This paper uses a probit model to evaluate a total of 1353 sets of cross-sectional development control (planning application) statistics not previously published for 3 classes of statutory residential zones in Hong Kong over a period of 24 years from 1975. As far as the selected zones are...

Being part of resource management, the professional arena of property management has made a significant contribution to the paradigm of 'sustainable development' or 'sustainability'. This e-book aims to promote interdisciplinary research on the area of sustainability and property management in...