By extending the incomplete contract model to the provision of local collective goods, this paper formally analyzes the political hold-up problem between landowner and collective goods provider in urban land use. The model focuses on three-party contractual relationship and analyzes the impact...

By extending the incomplete contract model to the provision of local collective goods, this paper formally analyzes the political hold-up problem between landowner and collective goods provider in urban land use. The model focuses on three-party contractual relationship and analyzes the impact...

Sweeping subdivision regulation reform in Houston, Texas, provides an instructive alternative to what can often seem like a no-win scenario for local planners. The circumstances surrounding the city’s 1998 reduction of minimum lot sizes for single-family homes hold important lessons for...

The purpose of this chapter is to survey recent research on housing markets and policy in what used to be called the “second” and “third” worlds. We adopt the labels “transition” economies to refer to countries as disparate as Russia and Vietnam, and “developing” to refer to...

For a century, zoning has been the quintessential form of land use regulation in the United States. But in Maine, at least 200 towns continue to regulate land use without dividing their territory into districts subject to differing regulation. I use qualitative and statistical methods to...

Das sozioökonomische Wachstum und die raumstrukturellen Veränderungen der letzten ca. 50 Jahre haben Spuren hinterlassen. Dabei zeigt sich ein Spannungsfeld, denn die Bereitstellung von Flächen für urbane Nutzungen geht mit Nutzungskonflikten hinsichtlich der Ressource Boden einher. Im...

The field of ‘Urban Economics’ is an elusive object, whose US-based origins and internationalization we attempt to track in this paper. The most stable and distinctive object associated with the term ‘urban economics’ is the Alonso-Muth-Mills model. We thus reconstruct the field through...

We study the interaction between transit improvements and land use policies in the context of Bengaluru, one of India's largest cities. The city inaugurated a metro system in 2011. Yet it has low building heights even near metro stations, reflecting low floor-area ratio limits. We construct a...

In this paper, we focus on the role and economic effect of land ownership and land monopoly in emerging urban environments. Land monopoly in conventional economics is a theoretical ‘impossibility’ which, nonetheless, allows for a spatial empirical approach. We design a spatial land monopoly...

Local zoning regulations such as minimum lot size requirements and restrictions on the permitting of multifamily housing may exacerbate racial segregation by reducing in some neighborhoods the construction of units that could house prospective minority residents. Although this hypothesis has...