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Examining Property Rights and Investment in Informal Settlements: The Case of Jordan

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  • Omar M. Razzaz
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    Abstract

    The conventional approach to "property rights" and how they are established and assigned to individuals in society assumes a consensual process in which rational individuals compare the benefits and costs of establishing such rights. Drawing on a case study along the periphery of Amman, Jordan, this paper attempts to examine the meaning of "rights" in the context of conflicting claims to land. Furthermore, the paper questions the assumed causal relationship between legal rights, security of tenure, and investment in land.

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    Bibliographic Info

    Article provided by University of Wisconsin Press in its journal Land Economics.

    Volume (Year): 69 (1993)
    Issue (Month): 4 ()
    Pages: 341-355

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    Handle: RePEc:uwp:landec:v:69:y:1993:i:4:p:341-355

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    Web page: http://le.uwpress.org/

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    Cited by:
    1. J. Atsu Amegashie, 2009. "Incomplete Property Rights and Overinvestment," CESifo Working Paper Series 2711, CESifo Group Munich.
    2. Galal, Ahmed & Razzaz, Omar, 2001. "Reforming land and real estate markets," Policy Research Working Paper Series 2616, The World Bank.
    3. Gulyani, Sumila & Talukdar, Debabrata, 2008. "Slum Real Estate: The Low-Quality High-Price Puzzle in Nairobi's Slum Rental Market and its Implications for Theory and Practice," World Development, Elsevier, vol. 36(10), pages 1916-1937, October.
    4. Kim, Annette M., 2007. "North versus South: The Impact of Social Norms in the Market Pricing of Private Property Rights in Vietnam," World Development, Elsevier, vol. 35(12), pages 2079-2095, December.

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