Shahab, Sina
2021.
Transaction costs in planning literature: a systematic review.
Journal of Planning Literature
10.1177/08854122211062085
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Abstract
“Transaction costs,” as a well-established theory in New Institutional Economics, has been used to explain and analyze various planning matters for about 30 years since its introduction to planning literature. However, there is no study on how planning-related studies have utilized the theory. This paper conducts a systematic review that aims to develop a better understanding of how transaction-cost theory is used in planning literature. The review shows that while potential contributions and implications of transaction costs have been conceptually discussed in planning literature, the empirical studies have remained limited, particularly concerning the magnitude of such costs in planning systems.
Item Type: | Article |
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Date Type: | Published Online |
Status: | In Press |
Schools: | Geography and Planning (GEOPL) |
Publisher: | SAGE Publications (UK and US) |
ISSN: | 0885-4122 |
Date of First Compliant Deposit: | 9 November 2021 |
Date of Acceptance: | 8 November 2021 |
Last Modified: | 13 Dec 2021 13:29 |
URI: | https://orca.cardiff.ac.uk/id/eprint/145383 |
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