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Planning Through Exclusive Dialogue: Basic Lessons We Can Learn From The Private Estate

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  • Spencer Heath MacCallum

Abstract

Empirical evidence suggests that private estates where land is managed as a multi‐tenant property by a single private company with a continuing interest in the value of that property tend to be better run than estates that are subdivided into multiple parcels of separately managed land with the commons managed via some form of political decision‐making. Public policy, particularly in the UK, has hindered the growth of successful multi‐tenant private estates.

Suggested Citation

  • Spencer Heath MacCallum, 2005. "Planning Through Exclusive Dialogue: Basic Lessons We Can Learn From The Private Estate," Economic Affairs, Wiley Blackwell, vol. 25(4), pages 36-39, December.
    • Handle: RePEc:bla:ecaffa:v:25:y:2005:i:4:p:36-39
    DOI: 10.1111/j.1468-0270.2005.00588.x
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    Cited by:

    1. Stefano Moroni, 2014. "Towards a general theory of contractual communities: neither necessarily gated, nor a form of privatization," Chapters, in: David Emanuel Andersson & Stefano Moroni (ed.), Cities and Private Planning, chapter 3, pages 38-65, Edward Elgar Publishing.
    2. Lawrence W C Lai & Connie W Y Hung, 2008. "The Inner Logic of the Coase Theorem and a Coasian Planning Research Agenda," Environment and Planning B, , vol. 35(2), pages 207-226, April.

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