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The sharing economy is a recent urban phenomenon. This paper explores its impact on urban property rights as well as their long-term interaction. The starting point of the analysis is the spatial matching condition, which requires the owner of a durable good to be spatially close to the renter...
Persistent link: https://www.econbiz.de/10012980260
The widespread growth of private communities in Chinese cities is under various constraints from the government. The ex ante constraints set limit on how the developer can design and set up the homeowners association (HOA). The ex post constraints affect the operation of HOA. It is found that...
Persistent link: https://www.econbiz.de/10014175168
By introducing the concept of "social asset specificity," this paper presents an attempt to analyze public institutions and macro-level institutional change. Social asset is defined as the aggregate of all physical asset, human asset, political, social and legal rules, and so on, that are...
Persistent link: https://www.econbiz.de/10014052828
Housing of limited property rights, including so-called "small-property-rights housing" in the countryside (SLPR housing) and affordable housing program in the city (ALPR housing), is an important feature of China's housing policy. This paper presents an integrated analysis of ALPR and SLPR...
Persistent link: https://www.econbiz.de/10014216995
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...
Persistent link: https://www.econbiz.de/10014217840
The relationship between urban spatial structure and property rights or institutions at large is an understudied topic. This paper summarizes related literature and examines the impacts of urban structure on property rights from five perspectives: property rights autonomy and transportation...
Persistent link: https://www.econbiz.de/10014119507
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...
Persistent link: https://www.econbiz.de/10014106204
Spatial institutions of government vary greatly across countries. First, some countries adopted a strict vertical hierarchy while some others have a system of autonomous governments. Second, in the case of autonomous governments, spatial scale appears to be negatively associated with government...
Persistent link: https://www.econbiz.de/10012954143