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Article: 'As Planning is Everything, it is Good for Something!’ A Coasian Economic Taxonomy of Modes of Planning

Title'As Planning is Everything, it is Good for Something!’ A Coasian Economic Taxonomy of Modes of Planning
Authors
Issue Date2014
PublisherSage Publications Ltd. The Journal's web site is located at http://www.sagepub.co.uk/journal.aspx?pid=105732
Citation
Planning Theory, 2014 How to Cite?
AbstractAgainst two extreme forms of thinking, which have influenced planning theory, this article argues, in the context of a looming amount of literature generated in a movement for private planning, that the distinction between private planning and public planning is a valid one, but one in need of tweaking. However, the plan–market dichotomy (i.e. the assumption that state and private planning is mutually exclusive) is fallacious. Informed by the neo-institutional economic assumption of rational decisions and the stance of contractual solutions, it rides on the surge in private planning by proposing a taxonomy of planning that combines two modes of planning with two types of planning agent and discusses their possible interrelationships using some neo-institutional economic reasoning informed by the ideas of Coase. Some pedagogical and theoretical implications are also discussed.
Persistent Identifierhttp://hdl.handle.net/10722/203380
ISSN
2015 Impact Factor: 1.409
2015 SCImago Journal Rankings: 1.710

 

DC FieldValueLanguage
dc.contributor.authorLai, LWC-
dc.date.accessioned2014-09-19T14:56:14Z-
dc.date.available2014-09-19T14:56:14Z-
dc.date.issued2014-
dc.identifier.citationPlanning Theory, 2014-
dc.identifier.issn1473-0952-
dc.identifier.urihttp://hdl.handle.net/10722/203380-
dc.description.abstractAgainst two extreme forms of thinking, which have influenced planning theory, this article argues, in the context of a looming amount of literature generated in a movement for private planning, that the distinction between private planning and public planning is a valid one, but one in need of tweaking. However, the plan–market dichotomy (i.e. the assumption that state and private planning is mutually exclusive) is fallacious. Informed by the neo-institutional economic assumption of rational decisions and the stance of contractual solutions, it rides on the surge in private planning by proposing a taxonomy of planning that combines two modes of planning with two types of planning agent and discusses their possible interrelationships using some neo-institutional economic reasoning informed by the ideas of Coase. Some pedagogical and theoretical implications are also discussed.-
dc.languageeng-
dc.publisherSage Publications Ltd. The Journal's web site is located at http://www.sagepub.co.uk/journal.aspx?pid=105732-
dc.relation.ispartofPlanning Theory-
dc.rightsPlanning Theory. Copyright © Sage Publications Ltd.-
dc.rightsCreative Commons: Attribution 3.0 Hong Kong License-
dc.title'As Planning is Everything, it is Good for Something!’ A Coasian Economic Taxonomy of Modes of Planning-
dc.typeArticle-
dc.identifier.emailLai, LWC: wclai@hku.hk-
dc.identifier.authorityLai, LWC=rp01004-
dc.description.naturepostprint-
dc.identifier.doi10.1177/1473095214542632-
dc.identifier.hkuros236739-
dc.publisher.placeUnited Kingdom-

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