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1 – 10 of over 8000Kurtis Swope, Ryan Wielgus, Pamela Schmitt and John Cadigan
Purpose – Land assembly can mitigate the negative environmental impacts of land fragmentation on urban areas, agriculture, and wildlife. However, the assembler faces several…
Abstract
Purpose – Land assembly can mitigate the negative environmental impacts of land fragmentation on urban areas, agriculture, and wildlife. However, the assembler faces several obstacles including transactions costs and the strategic bargaining behavior of landowners. The purpose of this chapter is to examine how the order of bargaining and the nature of contracts may impact the land assembler's problem.
Methodology – We develop theoretical predictions of subjects' behavior and compare these to behavior in a laboratory land-assembly game with monetary incentives.
Findings – Sellers bargain more aggressively when bargaining is sequential compared to simultaneous. Noncontingent contracts increase bargaining delay and the likelihood of failed agreements. Buyers and sellers act more aggressively when there are multiple bargaining periods, leading to significant bargaining delay. When a seller has an earnings advantage in the laboratory, it is the first seller to bargain in noncontingent contract treatments. In sequential bargaining treatments, most sellers preferred to be the first seller to bargain.
Research limitations – Our laboratory experiments involved only two sellers, complete information, and costless delay. Land assembly in the field may involve many sellers, incomplete information, and costly delay.
Practical implications – Some of our results contradict conventional wisdom and a common result from the land-assembly literature that it is advantageous to be the last seller to bargain, a so-called “holdout.” Our results also imply that fully overcoming the holdout problem may require subsidies or compulsory acquisition.
Originality – This chapter is one of the first to experimentally investigate the land-assembly problem, and the first to specifically examine the role of bargaining order and contract type.
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Tahiru Alhassan, Samuel Banleman Biitir and Emmanuel Kanchebe Derbile
The paper examined how local authorities have attempted to rate undeveloped land as a means of mobilising revenues and the challenges associated with implementing this policy…
Abstract
Purpose
The paper examined how local authorities have attempted to rate undeveloped land as a means of mobilising revenues and the challenges associated with implementing this policy guideline. It focused on current practices in terms of policy and administration, the availability of undeveloped urban land, its revenue potential, and ways to improve policy for local land taxation.
Design/methodology/approach
Drawing from the mixed-method approach both qualitative and quantitative data were collected. Officials of the Wa Municipal Assembly, Lands Commission, Land Use and Spatial Planning Authority were purposely selected based on their knowledge and the roles they play in property rating practice. They were interviewed to understand their perceptions and views on rating undeveloped lands. Stratified proportionate and simple random sampling methods were used to select respondents. The respondents included land and landed property owners in three selected neighbourhoods.
Findings
The paper found that there was the prevalence of undeveloped lands mainly held by speculators and individuals constrained by financial challenges to develop their parcels. The Wa Municipal Assembly is unable to implement the policy guideline on charging rent on undeveloped lands due to lack of adequate information and generally unwillingness to implement this provision. Besides, the current guideline is too prohibitive and cannot be implemented in its current form. However, there is a window of opportunity for the Assembly to build data on undeveloped lands and moderately begin the implementation of the policy guideline.
Practical implications
Urban growth in Ghana is characterised by leapfrog development with many patches of undeveloped land in and around cities. The property taxation policies largely do not focus on undeveloped land or unimproved site value. In Ghana, property rate policy on the tax base excludes undeveloped land. However, government policy guidelines prescribe the charging of rent on these lands by local authorities. This paper provides a comprehensive discussion on the revenue potential of undeveloped urban land and why local government authorities have not been able to harness this potential. The paper has therefore recommended ways local authorities can use to mobilise revenue from undeveloped urban land.
Originality/value
There is limited research in rating undeveloped urban land especially looking at it from the perspective of policy and implementation as well as current practices. The paper shed light on the prevalence of undeveloped urban land and the guidelines that exist help local governments mobilise revenue from these lands. It contributes to the understanding that local government can harness the revenue potential of undeveloped land if policy design and implemented regarding these lands is enhanced. The paper also provides a good background and framework for further studies.
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The compulsory purchase of land forms the subject of much legal and urban regeneration research. However, there has been little examination of the contractual arrangements between…
Abstract
Purpose
The compulsory purchase of land forms the subject of much legal and urban regeneration research. However, there has been little examination of the contractual arrangements between local authorities and private sector property developers that often underpin the compulsory purchase process. This paper aims to examine local authority/private developer contractual behaviour in this context.
Design/methodology/approach
An empirical examination of property development contracts made for the “Silver Hill” project in Winchester, a small city in southern England, and the Brent Cross shopping centre extension in north London. Drawing on Macneil’s (1983) relational contract theory, the paper analyses key contract terms and reviews local authority documentation related to the implementation of those terms.
Findings
The contracts had two purposes as follows: to provide a development and investment opportunity through the compulsory purchase and redistribution of private land; and to grant the private developers participating in the projects freedom to choose if they wished to take up that opportunity. While the contracts look highly “relational”, the scope for flexibility and reciprocity is both carefully planned and tightly controlled. This exposes an asymmetric power imbalance that emerges in and is rearticulated by this type of contractual arrangement.
Originality/value
The empirical analysis of contract terms and contractual behaviour provides a rare opportunity to scrutinise the local authority-private developer relationship underpinning both property development practice and compulsory purchase.
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Rashi Gupta, Mona N. Shah and Satya N. Mandal
The purpose of this paper is to establish the importance of land records for urban development. The study focuses on how traditionally land records were managed and presently what…
Abstract
Purpose
The purpose of this paper is to establish the importance of land records for urban development. The study focuses on how traditionally land records were managed and presently what are the important parameters impacting the land record management systems in India.
Design/methodology/approach
The framework adopted for the study was as follows: 1) literature study: aim to study the historical issues, to study global systems across the globe, various government reforms. 2) Present system of land management: to study the administrative, legal, economic issues, problems and potential in the present system. 3) Technology interventions: to study how technology can help to make the system more robust and trustworthy. 4) Conclusion: to study how the recommended technological measures will work and how to implement it in the system. Several pilot interviews were carried out to understand how the present system of land record management works in India, and important parameters were established through the pilot interviews of various stakeholders in the system.
Findings
The study brings out certain striking facts about the inefficiencies in the system since centuries, which are still being carried forward. Any reforms by the authorities have not been able to solve the issues and reduce the number of litigations because digitisation was only a step forward to replicate the wrong entries of records in digitised format. Thus, a paradigm shift in technology is required to bring a considerable change in the present management system.
Originality/value
Various studies worldwide have been done in several countries regarding land records, but all the studies are in piecemeal basis. Very less literature is available on the study that how land records effect large scale urban development projects. This study is an attempt to study impact of land records on urban development and to bring back transparency in the system to reduce the number of litigations on the most important ingredient of built environment, which is land.
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THE Trident has been designed with the objective of achieving freedom from fatigue cracks on the primary structure, during the operational life of the aircraft. Additionally, in…
Abstract
THE Trident has been designed with the objective of achieving freedom from fatigue cracks on the primary structure, during the operational life of the aircraft. Additionally, in areas where the fail safe concept can be applied, the design aim has been to provide multiple load paths and/or crack stoppers so that, in the event of any one member failing, the remaining structure can sustain at least limit loads for a longer period than the interval specified between major inspections of the structure. In the places where it is not possible to apply the fail safe concept, that is on flap and slat tracks, tailplane hinge fitting, engine mountings and landing gear, a substantial margin of safe life is provided.
The rapid urban population growth in Ethiopia is causing an increasing demand for urban land, which primarily tends to be supplied by expropriation of peri-urban land. The process…
Abstract
Purpose
The rapid urban population growth in Ethiopia is causing an increasing demand for urban land, which primarily tends to be supplied by expropriation of peri-urban land. The process of urban development in Ethiopia is largely criticized for forced displacement and disruption of the peri-urban local community. Thus, the purpose of this paper is to introduce how Ethiopia’s urban development system could be built on the participatory and inclusive approaches of land acquisition.
Design/methodology/approach
The study has employed questionnaire survey results, focus group discussion with panel of experts and previous research reports to examine the peri-urban situations and then to show why an alternative land development approach is needed to be introduced in the urban land development system of Ethiopia. Desk review on land readjustment was also made to explore best lessons from other countries applicable to the peri-urban contexts of Ethiopia.
Findings
This study has explored that land readjustment is potentially an appropriate land development tool to alleviate peri-urban land development limitations in Ethiopia.
Practical implications
Researchers, policy makers and government bodies that are interested in peri-urban land would appreciate and consider implementing the adapted land readjustment model as an alternative land development tool. Consequently, the local peri-urban landholders’ rights would be protected and maintained in the process of urbanization.
Originality/value
Although land readjustment has the potential to achieve participatory peri-urban land development, awareness of the method in the Ethiopian urban land development system is inadequate. This study contributes to fill this gap and create an insight into the basic conditions for the adaption of the tool.
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The aim of this paper is to examine the expropriation, valuation and compensation practice. This paper tries to investigate how the expropriation and compensation laws are…
Abstract
Purpose
The aim of this paper is to examine the expropriation, valuation and compensation practice. This paper tries to investigate how the expropriation and compensation laws are implemented when privately held land and attached real properties are taken for public purpose development in Bahir Dar city and surrounding. However, further research should be undertaken nation‐wide to explore the problems throughout the country.
Design/methodology/approach
The paper reports the findings of a survey of expropriatees from main practices throughout Bahir Dar city and its surroundings.
Findings
There is a big gap between the actual practice of expropriation, valuation and compensation and the Laws. Lack of application of standardized methods and procedures created situations of unfair valuation and compensation.
Practical implications
The practical implication is that the living status of affected people before and after expropriation could be useful.
Originality/value
The value of the paper for government officials, real property valuers and investors is that transparency, consistency and fair compensation are useful.
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A brief description of the structural design and the test programme. STRUCTURALLY, both the Trident 2E and 3B are similar to their predecessors, the basic philosophy being fail…
Abstract
A brief description of the structural design and the test programme. STRUCTURALLY, both the Trident 2E and 3B are similar to their predecessors, the basic philosophy being fail safe with multiple load paths, with safe‐life design applied to unduplicated components.
Shorts, the Belfast‐based aerospace company, and Piper Aircraft Corporation of Lockhaven, Pennsylvania, USA, have jointly announced that they have signed an agreement involving…
Abstract
Shorts, the Belfast‐based aerospace company, and Piper Aircraft Corporation of Lockhaven, Pennsylvania, USA, have jointly announced that they have signed an agreement involving production of the Piper Tomahawk light trainer aircraft in Northern Ireland. The agreement calls for first deliveries to be made in about four months time, and the Northern Ireland production line will produce Tomahawks at a rate of ten aircraft per month.
Outlines the development work on the tiltrotor undertaken during past decades and the more recent progress on the V‐22 Osprey now in production for the US Armed Forces. Also…
Abstract
Outlines the development work on the tiltrotor undertaken during past decades and the more recent progress on the V‐22 Osprey now in production for the US Armed Forces. Also describes the first civil tiltrotor, the Bell Agusta 609, which is due to make its first flight in 2000.
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