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dc.contributor.authorSchubert, Christianen_US
dc.date.accessioned2007-01-15en_US
dc.date.accessioned2010-05-14T11:16:46Z-
dc.date.available2010-05-14T11:16:46Z-
dc.date.issued2005en_US
dc.identifier.urihttp://hdl.handle.net/10419/31857-
dc.description.abstractMarkets for complex, multi-faceted goods normally require a complex institutional framework to function properly, i.e., to lead to patterns of outcomes that are deemed acceptable by the individuals involved. This paper examines the institutional underpinnings of the market for urban land use rights, taking both German and U.S. public and private land use law as a case in point. Apart from efficiency considerations that have been discussed in the literature, the individuals' preferences regarding the fairness of (i) the contents of urban land use rights and (ii) the distribution of costs and benefits induced by innovative land uses have been largely neglected. It is argued that investigating the impact of these preferences (and the underlying informal fairness norms) on the legal treatment of land use rights provides a key opportunity to construct an alternative Law & Economics approach that is compatible with an evolutionary perspective on economic land use decisions.en_US
dc.language.isoengen_US
dc.publisherMax-Planck-Inst. für Ökonomik Jenaen_US
dc.relation.ispartofseriesPapers on economics and evolution 0522en_US
dc.subject.jelK11en_US
dc.subject.jelR13en_US
dc.subject.jelR14en_US
dc.subject.ddc330en_US
dc.subject.keywordexternalitiesen_US
dc.subject.keywordtakingsen_US
dc.subject.keywordland use lawen_US
dc.subject.keyworddistributive fairnessen_US
dc.subject.keywordprocedural fairnessen_US
dc.titleFairness in urban land use: an evolutionary contribution to Law & Economicsen_US
dc.typeWorking Paperen_US
dc.identifier.ppn522553532en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:Papers on Economics and Evolution, MPI für Ökonomik

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