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Article: The Coase Theorem and planning for sustainable development

TitleThe Coase Theorem and planning for sustainable development
Authors
Issue Date2006
PublisherLiverpool University Press. The Journal's web site is located at http://www.liverpool-unipress.co.uk/journals_2.html
Citation
Town Planning Review, 2006, v. 77 n. 1 How to Cite?
AbstractThis paper discusses the potential contribution and limitations of the Coase Theorem to the theorisation of sustainable development. The Coase Theorem can be manifested in numerous ways beyond the hypothetical example of direct negotiation between the polluters and the pollutees. Sustainable development not only provides a negotiative context, an infrastructure where compensation in the Coasian sense can be mode, but also a framework for transforming negative externalities into positive externalities, as illustrated by a real life example from Canada. Central to the framework is a change in the mindsets of parties to a negotiation and Schumpeterian innovations.
Persistent Identifierhttp://hdl.handle.net/10722/81961
ISSN
2015 SCImago Journal Rankings: 0.377
References

 

DC FieldValueLanguage
dc.contributor.authorLai, LWCen_HK
dc.contributor.authorLorne, FTen_HK
dc.date.accessioned2010-09-06T08:23:54Z-
dc.date.available2010-09-06T08:23:54Z-
dc.date.issued2006en_HK
dc.identifier.citationTown Planning Review, 2006, v. 77 n. 1en_HK
dc.identifier.issn0041-0020en_HK
dc.identifier.urihttp://hdl.handle.net/10722/81961-
dc.description.abstractThis paper discusses the potential contribution and limitations of the Coase Theorem to the theorisation of sustainable development. The Coase Theorem can be manifested in numerous ways beyond the hypothetical example of direct negotiation between the polluters and the pollutees. Sustainable development not only provides a negotiative context, an infrastructure where compensation in the Coasian sense can be mode, but also a framework for transforming negative externalities into positive externalities, as illustrated by a real life example from Canada. Central to the framework is a change in the mindsets of parties to a negotiation and Schumpeterian innovations.en_HK
dc.languageengen_HK
dc.publisherLiverpool University Press. The Journal's web site is located at http://www.liverpool-unipress.co.uk/journals_2.htmlen_HK
dc.relation.ispartofTown Planning Reviewen_HK
dc.titleThe Coase Theorem and planning for sustainable developmenten_HK
dc.typeArticleen_HK
dc.identifier.openurlhttp://library.hku.hk:4550/resserv?sid=HKU:IR&issn=0041-0020&volume=77&issue=1&spage=41&epage=73&date=2006&atitle=The+Coase+Theorem+and+Planning+for+Sustainable+Developmenten_HK
dc.identifier.emailLai, LWC:wclai@hku.hken_HK
dc.identifier.authorityLai, LWC=rp01004en_HK
dc.description.naturelink_to_subscribed_fulltext-
dc.identifier.scopuseid_2-s2.0-33644801655en_HK
dc.identifier.hkuros123133en_HK
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-33644801655&selection=ref&src=s&origin=recordpageen_HK
dc.identifier.volume77en_HK
dc.identifier.issue1en_HK
dc.publisher.placeUnited Kingdomen_HK
dc.identifier.scopusauthoridLai, LWC=7202616218en_HK
dc.identifier.scopusauthoridLorne, FT=12767981600en_HK

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