The Economics of Urban Property Markets : An Institutional Economics Analysis

Language: English

Published by Routledge, 2014

0415426820 / 9780415426824

Series: Book 32 of 68 - Routledge Studies in the European Economy

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Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH

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nach der Bestellung gedruckt Neuware - Printed after ordering - This book examines the relationship between the property market and urban economy. The stimulus for this work was provided by the seemingly ever-accelerating process of urban economic change and the noticeable failure of existing studies to adequately explore the pivotal role that the property market plays in this process. Drawing on institutional economics, the central argument of the book is that the property market as an institution is a mediator through which urban economic potential can be realised and served. In developing this argument, the book provides a critical realist ontological framework that advances understanding of the institutional structure of the economy and the complex interrelation between the institutional environment and human agency, as well as a holistic theoretical framework of urban economic change, where appropriate emphasis is placed on the specific mechanisms, processes and dynamics through which the built environment is provided. Arvanitidis also explores an institutional conceptualisation of property market efficiency, defined in terms of the ability of the market institution to adapt its structure and to provide outcomes that the economy requires. To inform empirical research on the developed concepts, the book also offers a generic analytical approach specifying appropriate research methods and techniques for investigation along with a specific research design providing an operational framework that translates developed theory into empirical practice. The book's primary contribution therefore lies in its delineation of a holistic research programme to conceptualise the property market as an institution and to explore its role within the urban economy.…

Seller Inventory # 9780415426824

Title
The Economics of Urban Property Markets : An Institutional Economics Analysis
Author
Paschalis A. Arvanitidis
Publisher
Routledge
Publication year
2014
Condition
Neu
Binding
Buch
Language
English
ISBN 10
0415426820
ISBN 13
9780415426824
Item weight
522 grams
Dimensions
240x161x19 mm
Series
Book 32 of 68: Routledge Studies in the European Economy

AHA-BUCH GmbH

Einbeck, Germany

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