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Conference Paper: More market-oriented than U.S. and more socialist than China: a comparative public property story of Singapore
Title | More market-oriented than U.S. and more socialist than China: a comparative public property story of Singapore |
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Authors | |
Issue Date | 2016 |
Citation | The 7th Annual Meeting of the Association for Law, Property and Society (ALPS 2016), University of Georgia, Belfast, UK., 20-21 May 2016. How to Cite? |
Abstract | Compared to the more illustrious private property, the conceptualization of public property remains at a surprisingly infant stage. The very definition of public property is ambiguous. This Article utilizes a comparative case study of traffic congestion policies in U.S., China, and Singapore to highlight the conceptual pitfalls posed by the current confusion on public property. This Article proposes a refined public property framework that offers greater conceptual clarity on the real issues at stake. In particular, this Article argues that “property” in public property should include regulatory permits while “public” in public property should not be distracted by the requirement of public access. The allocation considerations of efficiency and fairness governing conventional public property is equally applicable to the economically valuable regulatory permits. Similarly, public access is a mere form of allocation that should be changed upon alterations in use pattern arising from technological advancement and social-economic changes. |
Persistent Identifier | http://hdl.handle.net/10722/227630 |
DC Field | Value | Language |
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dc.contributor.author | Chen, J | - |
dc.date.accessioned | 2016-07-18T09:11:54Z | - |
dc.date.available | 2016-07-18T09:11:54Z | - |
dc.date.issued | 2016 | - |
dc.identifier.citation | The 7th Annual Meeting of the Association for Law, Property and Society (ALPS 2016), University of Georgia, Belfast, UK., 20-21 May 2016. | - |
dc.identifier.uri | http://hdl.handle.net/10722/227630 | - |
dc.description.abstract | Compared to the more illustrious private property, the conceptualization of public property remains at a surprisingly infant stage. The very definition of public property is ambiguous. This Article utilizes a comparative case study of traffic congestion policies in U.S., China, and Singapore to highlight the conceptual pitfalls posed by the current confusion on public property. This Article proposes a refined public property framework that offers greater conceptual clarity on the real issues at stake. In particular, this Article argues that “property” in public property should include regulatory permits while “public” in public property should not be distracted by the requirement of public access. The allocation considerations of efficiency and fairness governing conventional public property is equally applicable to the economically valuable regulatory permits. Similarly, public access is a mere form of allocation that should be changed upon alterations in use pattern arising from technological advancement and social-economic changes. | - |
dc.language | eng | - |
dc.relation.ispartof | Annual Meeting of the Association for Law, Property and Society, ALPS 2016 | - |
dc.title | More market-oriented than U.S. and more socialist than China: a comparative public property story of Singapore | - |
dc.type | Conference_Paper | - |
dc.identifier.email | Chen, J: jianlin@hku.hk | - |
dc.identifier.authority | Chen, J=rp01530 | - |
dc.identifier.hkuros | 259087 | - |