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Economics of Property Formation: Adjustment of Property Boundaries with Examples from Swedish Legislation
KTH, School of Architecture and the Built Environment (ABE), Real Estate and Construction Management, Real Estate Planning and Land Law.
2005 (English)In: Nordic Journal of Surveying and Real Estate Research, ISSN 1459-5877, E-ISSN 2341-6599, Vol. 2, no 1, 82-95 p.Article in journal (Refereed) Published
Abstract [en]

Microeconomic theory can illuminate various problems pertaining to urban economics. This paper focuses on problems related to property formation, especially adjustment of property boundaries. The aim of the paper is to provide models for analysis and discussions concerning (1) the incentives for property owners to adjust the boundary between their properties, (2) the purpose of legislation governing the design of properties and, finally, (3) the reasons for compulsory purchase. In connection to the latter part the issue of a fair and reasonable compensation is discussed.

Place, publisher, year, edition, pages
Helsinki: Finnish Society of Surveying Sciences , 2005. Vol. 2, no 1, 82-95 p.
Keyword [en]
efficient land-use, compulsory purchase, compensation, profitsharing, property formation, reallotment, transaction costs
National Category
Law and Society
URN: urn:nbn:se:kth:diva-50603OAI: diva2:462275

QC 20111207

Available from: 2011-12-06 Created: 2011-12-06 Last updated: 2016-05-30Bibliographically approved

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