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Alexander ER. Governance and Transaction Costs in Planning Systems: A Conceptual Framework for Institutional Analysis of Land-Use Planning and Development Control—The Case of Israel. ACTA ACUST UNITED AC 2016. [DOI: 10.1068/b2759] [Citation(s) in RCA: 31] [Impact Index Per Article: 3.9] [Reference Citation Analysis] [Abstract] [Track Full Text] [Journal Information] [Subscribe] [Scholar Register] [Indexed: 10/28/2022]
Abstract
Transaction cost theory (TCT), explaining economic institutions, applies to the public sector too. TCT accounts for public land-use planning and development control, and suggests some alternative forms that governance of land development and the property market could take. The basic elements of a conceptual model enabling the institutional analysis of land-use planning and development control systems are: (1) an integrated TCT; (2) a transactions-based representation of the land and real-estate development process; and (3) a repertoire of alternative forms of governance, ranging from statutory planning and regulation to contractual covenants. These elements are developed for application in an institutional analysis of the Israeli statutory planning system.
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Affiliation(s)
- Ernest R Alexander
- University of Wisconsin-Milwaukee, USA (Emeritus Professor) and Technion-Israel Institute of Technology, Israel (Adjunct Professor)
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van der Heijden J. International comparative analysis of building regulations: an analytical tool. ACTA ACUST UNITED AC 2009. [DOI: 10.1108/17561450910950223] [Citation(s) in RCA: 8] [Impact Index Per Article: 0.5] [Reference Citation Analysis] [Track Full Text] [Journal Information] [Subscribe] [Scholar Register] [Indexed: 11/17/2022]
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Baiche B, Walliman N, Ogden R. Compliance with building regulations in England and Wales. ACTA ACUST UNITED AC 2006. [DOI: 10.1108/02630800610704427] [Citation(s) in RCA: 26] [Impact Index Per Article: 1.4] [Reference Citation Analysis] [Track Full Text] [Journal Information] [Subscribe] [Scholar Register] [Indexed: 11/17/2022]
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