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Is Public Space A Public Good? A Structure/Agency View of Narrative of Loss

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  • Surajit Chakravarty

Abstract

Public space is examined from the perspective of economic goods, defined by ‘rivalness’ and ‘excludability’, to explain the reasons for the ‘narrative of loss’ through this framework. The explanation is twofold – the first part deals with the structural imperatives that lead to the commodification of space, and the second part discusses how agentic action in publicly-owned space can also create conditions of privatization.

Suggested Citation

  • Surajit Chakravarty, 2008. "Is Public Space A Public Good? A Structure/Agency View of Narrative of Loss," Working Paper 8527, USC Lusk Center for Real Estate.
    • Handle: RePEc:luk:wpaper:8527
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    File URL: http://lusk.usc.edu/sites/default/files/working_papers/wp_2008-1005.pdf
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    References listed on IDEAS

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    1. Heikkila, Eric J., 1996. "Are municipalities Tieboutian clubs?," Regional Science and Urban Economics, Elsevier, vol. 26(2), pages 203-226, April.
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