Purpose – The purpose of this paper is to explore two of the paradoxes arising from different views about resource limits and sustainable development. Design/methodology/approach – The paper identifies the implications for property rights and public participation in environmental decisions....

Purpose – To examine how the allocation of property rights in multiple‐ownership buildings in Hong Kong creates an environment in which the optimization of asset value may be difficult to achieve and in this situation how owners chose to overcome the associated problems of collective action...