Property rights regime in land development – Analysis of the influence of institutions on land development in terms of the property rights theory

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dc.contributor Aalto-yliopisto fi
dc.contributor Aalto University en
dc.contributor.author Havel, Małgorzata Barbara
dc.date.accessioned 2014-06-24T09:00:10Z
dc.date.available 2014-06-24T09:00:10Z
dc.date.issued 2009
dc.identifier.isbn 978-952-60-3671-7 (electronic)
dc.identifier.isbn 978-952-248-177-1 (printed)
dc.identifier.issn 0785-5079 (printed)
dc.identifier.uri https://aaltodoc.aalto.fi/handle/123456789/13437
dc.description.abstract In the current institutional models, land development is primarily viewed as a process of social interaction in which informal institutional structures, strategies and personal characteristics of agents are influential. The institutional-economic models of land development emphasise the roles of uncertainty, incomplete information or transaction costs. Just recently, attention started to be paid to the formal ‘rules of the game’ and the property rights regime in land development processes. The purpose of this study is to increase knowledge on the role of the property rights regime in land development and contribute to the further conceptualisation of the impact of the institutions on land development. This study addresses the question of what constitutes the elements of the property rights regime in land development and how the differences in the property rights regime can explain differences in the land development processes. In order to achieve the aim of this study, the analytical model of land development based on the property rights approach is proposed and a comparative analysis on the influence of the property rights regime on land development methods in two countries is conducted. The research approach in this study is a mixture of some key characteristics of qualitative and comparative approaches. In the analytical model developed in this study, the distribution of ‘rights’ in the property rights regime in land development is the central concept. Within the property rights regime the explanatory variables were identified, which are important characteristics of the property rights regimes. The explanatory variables are: the position of the municipality in the development process, the flexibility versus certainty in development control, and the economic right in land development. The delineation and allocation of rights in connection to the explanatory variables were investigated in comparative research in two countries. Furthermore, the distribution of rights within the property rights regime was discussed in relation to the methods of land development. The empirical research shows how institutions affect the market processes. en
dc.format.extent 211 + app. 102
dc.format.mimetype application/pdf en
dc.language.iso en en
dc.publisher Aalto University en
dc.publisher Aalto-yliopisto fi
dc.relation.ispartofseries Kiinteistöopin ja talousoikeuden julkaisuja en
dc.relation.ispartofseries A 43
dc.subject.other Regional planning en
dc.subject.other Law, Patents en
dc.title Property rights regime in land development – Analysis of the influence of institutions on land development in terms of the property rights theory en
dc.type G4 Monografiaväitöskirja fi
dc.contributor.school Teknillinen korkeakoulu fi
dc.contributor.school Helsinki University of Technology en
dc.contributor.department Faculty of Engineering and Architecture fi
dc.contributor.department Department of Surveying en
dc.subject.keyword land development en
dc.subject.keyword property rights regime en
dc.subject.keyword property rights theory en
dc.identifier.urn URN:ISBN:978-952-60-3671-7
dc.type.dcmitype text en
dc.type.ontasot Doctoral dissertation (monograph) en
dc.type.ontasot Väitöskirja (monografia) fi
dc.contributor.supervisor Viitanen, Kauko, Prof., Helsinki University of Technology, Department of Surveying, Finland
dc.opn Kalbro, Thomas, Prof.
dc.opn van der Krabben, Erwin, Prof.
dc.rev van der Krabben, Erwin, Prof.
dc.rev Plimmer, Frances, Prof.


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