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Modes of Governance in the Dutch Social Housing Sector

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Author Info
Ruys, P.H.M.
Bruil, J.
Dix, H.G. (Tilburg University, Tilburg Law and Economics Center)
Abstract

Abstract: We describe and analyze five consecutive modes of governance in the Dutch social housing sector. We compare these institutional forms with the five policy values that the sector was assumed to realize. For that purpose we propose and use a new, analytical framework based on a separation principle that is applied to the coercion domain (the governance of transactions) as well as to the interaction domain (the welfare values). The consecutive modes of governance were introduced to cope with the changing welfare policies, but with varying results. In this paper we show that the implemented modes of governance in the Dutch social housing sector did not always realize the values that the sector was supposed to deliver. The framework we propose also facilitates the discussion about the concept of a social enterprise and the embedding of a service of general interest in the European Union. JEL-codes: D0, L2, L3, O12 Keywords: Transaction cost economics, modes of governance, values and services, social enterprise, service of general interest, social housing.

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Paper provided by Tilburg University, Tilburg Law and Economic Center in its series Discussion Paper with number 2007-001.

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Date of creation: 2007
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Handle: RePEc:dgr:kubtil:2007001

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  1. Ruys, Pieter H.M., 2005. "The governance of services," Discussion Paper 102, Tilburg University, Center for Economic Research. [Downloadable!]
  2. Greif, Avner, 1993. "Contract Enforceability and Economic Institutions in Early Trade: the Maghribi Traders' Coalition," American Economic Review, American Economic Association, vol. 83(3), pages 525-48, June. [Downloadable!] (restricted)
  3. Oliver Hart & John Moore, 2008. "Contracts as Reference Points," The Quarterly Journal of Economics, MIT Press, vol. 123(1), pages 1-48, 02. [Downloadable!] (restricted)
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  4. Suzanne Scotchmer, 2002. "Consumption Externalities, Rental Markets and Purchase Clubs," Discussion Papers 03-25, University of Copenhagen. Department of Economics, revised May 2003. [Downloadable!]
  5. Avinash Dixit, 2003. "On Modes of Economic Governance," Econometrica, Econometric Society, vol. 71(2), pages 449-481, March. [Downloadable!] (restricted)
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  6. Grossman, Sanford J & Hart, Oliver D, 1986. "The Costs and Benefits of Ownership: A Theory of Vertical and Lateral Integration," Journal of Political Economy, University of Chicago Press, vol. 94(4), pages 691-719, August. [Downloadable!] (restricted)
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  7. Perotti, Enrico, 2002. "Lessons from the Russian Meltdown: The Economics of Soft Legal Constraints," International Finance, Blackwell Publishing, vol. 5(3), pages 359-99, Winter. [Downloadable!] (restricted)
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  8. Ruys, Pieter H.M., 2006. "Een economisch perspectief op hybride organisaties," Discussion Paper 4, Tilburg University, Tilburg Law and Economic Center. [Downloadable!]
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  9. Suzanne Scotchmer, 2005. "Consumption externalities, rental markets and purchase clubs," Economic Theory, Springer, vol. 25(1), pages 235-253, 01. [Downloadable!] (restricted)
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