'Pure' and 'Impure' Coasian Solutions in Planning

There has been a recent increase in the application of the Coase Theorem to planning. The principal objective of this article is to explore further the role of such solutions by setting out our interpretation of the conditions necessary for the achievement of 'Pure' and 'Impure'...

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Bibliographic Details
Published inTown planning review Vol. 79; no. 6; pp. 623 - 649
Main Authors Clinch, J. Peter, O'Neill, Eoin, Russell, Paula
Format Journal Article
LanguageEnglish
Published Liverpool Liverpool University Press 2008
Subjects
Agreements
Case studies
Coase theorem
Communities
Community development
Community property
Costs
Development rights
Economic externalities
Economic models
Economic theory
Efficiency
Externality
Legal aspects
Legislation
Negotiations
Planning
Planning theory
Property rights
Retirement communities
Studies
Transaction costs
Urban development
Welfare economics
Zoning
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Summary:There has been a recent increase in the application of the Coase Theorem to planning. The principal objective of this article is to explore further the role of such solutions by setting out our interpretation of the conditions necessary for the achievement of 'Pure' and 'Impure' Coasian solutions when legal entitlements and property rights are established in a planning context. It explores the potential of negotiated solutions in relation to development control and as a theoretical basis for community gain. Finally, it outlines a number of case studies examining whether 'Impure' Coasian solutions have delivered community gain through directly and indirectly moderated negotiations.
Bibliography:ObjectType-Article-2
SourceType-Scholarly Journals-1
ObjectType-Feature-1
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ISSN:0041-0020
1478-341X
DOI:10.3828/tpr.79.6.3