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...

By comparing the development of landownership in China and England, this paper explores what were behind their different trajectories. In particular, I examined the delineation of property rights, alienation of land, rent and tax, inheritance and accumulation of land. Feudal England was a...

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...