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- Publisher Website: 10.1080/026730303042000331736
- Scopus: eid_2-s2.0-16344371133
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Article: Homeowners associations, collective action and the costs of private governance
Title | Homeowners associations, collective action and the costs of private governance |
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Authors | |
Keywords | Collective Action Gated Communities Homeowners Association Institutional Evolution Neighbourhoods Rent-Seeking Taiwan Transaction Costs |
Issue Date | 2005 |
Publisher | Routledge. The Journal's web site is located at http://www.tandf.co.uk/journals/titles/02673037.asp |
Citation | Housing Studies, 2005, v. 20 n. 2, p. 205-220 How to Cite? |
Abstract | This paper examines collective action problems in privately managed neighbourhoods and considers government and market reponses to these. Taiwan's experience of Home Owners Associations (HOAs) is used to show that entrepreneurs have a strong incentive to deliver private governance capacity and are apparently more effective in doing so than either government (by coercion) or residents (by voluntary association). However, government needs to reduce certain collective action costs by providing appropriate enabling legislation. While the market can deliver private democratic government, it cannot do so in a way that avoids many of the costly features of public government. Within HOAs, problems of information asymmetry and opportunism, collective action and rent-seeking all persist. The paper concludes that much of the efficiency of contractual democratic neighbourhoods comes through the privatisation of bureaucracy-handing over civic goods and services supply and management to highly competitive and innovative property companies-rather than through HOA governance structures per se. The latter are characterised by many of the same problems that weigh down conventional municipal government. © 2005 Taylor & Francis Group Ltd. |
Persistent Identifier | http://hdl.handle.net/10722/183442 |
ISSN | 2023 Impact Factor: 2.4 2023 SCImago Journal Rankings: 1.054 |
ISI Accession Number ID | |
References |
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Chen, SCY | en_US |
dc.contributor.author | Webster, CJ | en_US |
dc.date.accessioned | 2013-05-27T08:38:07Z | - |
dc.date.available | 2013-05-27T08:38:07Z | - |
dc.date.issued | 2005 | en_US |
dc.identifier.citation | Housing Studies, 2005, v. 20 n. 2, p. 205-220 | en_US |
dc.identifier.issn | 0267-3037 | en_US |
dc.identifier.uri | http://hdl.handle.net/10722/183442 | - |
dc.description.abstract | This paper examines collective action problems in privately managed neighbourhoods and considers government and market reponses to these. Taiwan's experience of Home Owners Associations (HOAs) is used to show that entrepreneurs have a strong incentive to deliver private governance capacity and are apparently more effective in doing so than either government (by coercion) or residents (by voluntary association). However, government needs to reduce certain collective action costs by providing appropriate enabling legislation. While the market can deliver private democratic government, it cannot do so in a way that avoids many of the costly features of public government. Within HOAs, problems of information asymmetry and opportunism, collective action and rent-seeking all persist. The paper concludes that much of the efficiency of contractual democratic neighbourhoods comes through the privatisation of bureaucracy-handing over civic goods and services supply and management to highly competitive and innovative property companies-rather than through HOA governance structures per se. The latter are characterised by many of the same problems that weigh down conventional municipal government. © 2005 Taylor & Francis Group Ltd. | en_US |
dc.language | eng | en_US |
dc.publisher | Routledge. The Journal's web site is located at http://www.tandf.co.uk/journals/titles/02673037.asp | en_US |
dc.relation.ispartof | Housing Studies | en_US |
dc.subject | Collective Action | en_US |
dc.subject | Gated Communities | en_US |
dc.subject | Homeowners Association | en_US |
dc.subject | Institutional Evolution | en_US |
dc.subject | Neighbourhoods | en_US |
dc.subject | Rent-Seeking | en_US |
dc.subject | Taiwan | en_US |
dc.subject | Transaction Costs | en_US |
dc.title | Homeowners associations, collective action and the costs of private governance | en_US |
dc.type | Article | en_US |
dc.identifier.email | Webster, CJ: cwebster@hku.hk | en_US |
dc.identifier.authority | Webster, CJ=rp01747 | en_US |
dc.description.nature | link_to_subscribed_fulltext | en_US |
dc.identifier.doi | 10.1080/026730303042000331736 | en_US |
dc.identifier.scopus | eid_2-s2.0-16344371133 | en_US |
dc.relation.references | http://www.scopus.com/mlt/select.url?eid=2-s2.0-16344371133&selection=ref&src=s&origin=recordpage | en_US |
dc.identifier.volume | 20 | en_US |
dc.identifier.issue | 2 | en_US |
dc.identifier.spage | 205 | en_US |
dc.identifier.epage | 220 | en_US |
dc.identifier.isi | WOS:000228148200003 | - |
dc.publisher.place | United Kingdom | en_US |
dc.identifier.scopusauthorid | Chen, SCY=8268818500 | en_US |
dc.identifier.scopusauthorid | Webster, CJ=7201838784 | en_US |
dc.identifier.issnl | 0267-3037 | - |