In England, housing market renewal (HMR) proved an urban policy cause célèbre held to be representative of state-sponsored gentrification. This paper considers some critiques and explores the relocation experience of a group of residents in South Yorkshire, England during the implementation of...

Poverty debates have recently focused upon the emergence of an underclass characterised by a detachment from society's normative behaviour and values. Alternative contributions invite us to view the growth in social assistance as the 'new poor' measured against the 'traditional' poor. In neither...

National parks and protected areas form the basis of global conservation initiatives and provide a raft of benefits in the form of various consumptive and non-consumptive uses. However, it is extremely difficult to express these benefits in monetary terms. The lack of economic values for these...

This paper investigates the effect of resale allowance on entry strategies in a second price auction with two bidders whose entries are sequential and costly. We first characterize the perfect Bayesian equilibrium in cutoff strategies. We then show that there exists a unique threshold such that...

Housing affordability in the 21st-century requires a new way of understanding the concept. The concept is currently framed around household spending on housing costs. In the 21stcentury, households' aspirations and housing outcomes of local residential environments are increasingly influenced by...

We prove that, for finitely many demand observations, the Strong Axiom of Revealed Preference tests not only the existence of a strictly concave, strictly monotone and continuous utility generator, but also one that generates an infinitely differentiable demand function. Our results extend those...

In this issue of the Policy Review Section , Stephen Hall and Brendan Nevin of the Centre for Urban and Regional Studies, University of Birmingham, review the experiences of the first three rounds of the Single Regeneration Budget and against that background consider the next steps in the...

This paper investigates the effect of resale allowance on entry strategies in a second price auction with two bidders whose entries are sequential and costly. We first characterize the perfect Bayesian equilibrium in cutoff strategies. We then show that there exists a unique threshold such that...