Wirtschaftswissenschaft
F. Frederic Deng
Collective Goods and the Political Hold-Up Problem
Jahrgang 159 (2003) / Heft 2, S. 414-434 (21)
rtainty in collective-goods provision, it is efficient to integrate landowner and collective-goods provider, as demonstrated by the growth of the ground lease system and common-interest developments in recent decades. Rent capitalization further strengthens the result. Similarities and differences between urban institutions and the firm are also discussed.
Happiness and Economics: How the Economy and Institutions Affect Well-Being
Happiness and Economics: How the Economy and Institutions Affect Well-Being