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Zoning reform is a crucial tool for cities to adapt to contemporary challenges. However, its implementation remains challenging. Property owners, with a vested interest in the value of their neighborhoods, are sensitive to local developments and the potent ...
Danwei compounds were the dominant form of urban neighborhood in China's planned economy era. However, since the economic reform, the status of danwei compounds has undergone dramatic changes. By examining the transformation of Hua Gong Da Yuan (HGDY), a d ...
We develop a model for pricing expropriation risk in natural resource projects, in particular an oil field. The government is viewed as holding an American-style option to expropriate the oil field, but facing the following three possible expropriation cos ...
What is social housing, is it a right or a property? Is it guaranteed for all by welfare state or non-governmental organizations or a commodity in capitalist production and market relations? According to the Universal Declaration of Human Rights of 1948, h ...
The various actors in the regulated industries relate to each other within a broader institutional framework, i.e., by way of formal and informal rules. An important role in the implementation of liberalization processes is given to regulation and thus to ...
The effect of investing in equipment and/or structures on TFP and long run growth is investigated here. We argue that economies can grow in spite of stagnant TFP if the investment rate is inefficiently high. We study the case of Spain where real GDP per wo ...
A careful reading of the evolution of the central dualism opposing public and private domains reveals the relatively silent presence of a third entity: the collective space. In comparison with the importance of a third way in economic and political fields, ...
Reproduction can be perceived in two opposite ways from the urban planning point of view, both as a driving force and as a braking weight. Driving force because urban phenomena are precisely produced by re-producing, and especially by reproducing the funda ...
Monetary incentives, such as subsidies or bonuses, are often considered as a way to foster contributions to public goods in society and firms. This paper investigates experimentally the effect of private contribution incentives in the presence of a norm en ...
Ferroelectrics are widespread in technology(1), being used in electronics and communications(2), medical diagnostics and industrial automation. However, extension of their operational temperature range and useful properties is desired(3-5). Recent developm ...