Coase originally formulated his conjecture about intertemporal price competition in the context of a land market, but it has been applied almost exclusively to non-spatial markets. This paper revisits the Coase Conjecture in the context of land development and urban institutions. I compare four...

This article draws on the ongoing reconstruction in Wenchuan earthquake areas and studies how a new world of private property rights affects post-disaster reconstruction. In addition to analysing particular problems related to rural housing, urban housing and housing finance, I argue that (1)...

This article presents an integrated analysis of China's emerging urban institutions, and especially of how they respond to the fundamental change in property rights regime. In the last decade, homeowners' associations have been booming in Chinese cities, while the Ministry of Civil Affairs has...

By examining several different types of open institutions including open source software, open science, open square and (open) urban planning, this paper presents a general analysis of open institutional structure that is complementary to traditional proprietary mode. We argue that open...

Purpose The purpose of this paper is to analyze long-term institutional causes and consequences of preference falsification by studying the evolution of China’s patriarchal clan system. Design/methodology/approach The historic study shows that although the clan system was abolished in the Qin...