Transaction-cost Economic Analysis of Institutional Change Toward Design-build Contracts for Public Transportation

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ISBN 13 :
Total Pages : 56 pages
Book Rating : 4.:/5 ( download)

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Book Synopsis Transaction-cost Economic Analysis of Institutional Change Toward Design-build Contracts for Public Transportation by : Jan Whittington

Download or read book Transaction-cost Economic Analysis of Institutional Change Toward Design-build Contracts for Public Transportation written by Jan Whittington and published by . This book was released on 2006 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Oxford Handbook of Urban Planning

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Publisher : Oxford University Press
ISBN 13 : 0190235268
Total Pages : 879 pages
Book Rating : 4.1/5 (92 download)

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Book Synopsis The Oxford Handbook of Urban Planning by : Randall Crane

Download or read book The Oxford Handbook of Urban Planning written by Randall Crane and published by Oxford University Press. This book was released on 2015 with total page 879 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why plan? How and what do we plan? Who plans for whom? These three questions are then applied across three major topics in planning: States, Markets, and the Provision of Social Goods; The Methods and Substance of Planning; and Agency, Implementation, and Decision Making.

Working Paper

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Publisher :
ISBN 13 :
Total Pages : 256 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Working Paper by :

Download or read book Working Paper written by and published by . This book was released on 2008 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt:

An Institutional Economics Approach to Megaproject Construction Contracts

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Publisher : Inter-American Development Bank
ISBN 13 :
Total Pages : 42 pages
Book Rating : 4./5 ( download)

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Book Synopsis An Institutional Economics Approach to Megaproject Construction Contracts by : Juan Alberti

Download or read book An Institutional Economics Approach to Megaproject Construction Contracts written by Juan Alberti and published by Inter-American Development Bank. This book was released on 2019-07-19 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper shows that there is an opportunity to use an institutional economics approach to the analysis of the challenges around megaproject construction contract development. It shows, firstly, that this approach is useful to analyze the reasonability of using particular contractual functions and clauses to deal with megaproject complexity. Specifically, although it is here recognized that complexity justifies the use of coordination and adaptation clauses, it is also alleged that safeguarding clauses may or may not be useful as complexity rises because this depends on the relationship between maladaptation costs and transaction costs, both related to the institutional environment. Secondly, this paper also alleges that new institutional economics is a helpful framework to analyze the prioritization of the underlying factors that determine the criteria used to assess and select contracting methods.This document illustrates that the decision of the procuring method needs to be fundamentally addressed by analyzing the sponsors’ characteristics and objectives. This is aligned with the fact that the decision regarding which contracting method to apply should consider the potential minimization of transaction costs, by adjusting governance to the nature of the transaction.

Getting Price Right

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Publisher : Columbia University Press
ISBN 13 : 0231549075
Total Pages : 537 pages
Book Rating : 4.2/5 (315 download)

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Book Synopsis Getting Price Right by : Gerald Smith

Download or read book Getting Price Right written by Gerald Smith and published by Columbia University Press. This book was released on 2021-10-12 with total page 537 pages. Available in PDF, EPUB and Kindle. Book excerpt: Winner, 2022 Leonard L. Berry Marketing Book Award, American Marketing Association How do leaders, managers, and proprietors go about the essential task of setting prices? What biases enter into this process, and why? How can a business debias its price setting to become more productive, strategic, and profitable? Combining perceptive insights from behavioral economics with leading-edge ideas on price management, this book offers a new approach to pricing. Gerald Smith demonstrates why understanding, reframing, and refining everyday pricing processes—a firm’s or manager’s pricing orientation—results in a better long-term pricing strategy. He explores how pricing actually happens in practice and shows how to identify and remove the psychological blinders that cause suboptimal decisions and policies. Smith details how to improve pricing orientation by combining the soft behavioral skills that intuitively shape and refine pricing practice with the hard analytic skills that guide and structure pricing strategy. The result is more rational and more profitable pricing—with respect to not only revenue and profitability but also employee productivity and customer satisfaction. Offering an accessible and actionable model, Getting Price Right is the first book to apply behavioral economics to managerial price setting. It is a must-read for corporate business leaders, thought leaders, and professionals interested in advances in pricing and for managers, entrepreneurs, proprietors, and small and midsize business owners whose everyday work involves pricing.

Place-Based Evaluation for Integrated Land-Use Management

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Publisher : Routledge
ISBN 13 : 1317080521
Total Pages : 416 pages
Book Rating : 4.3/5 (17 download)

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Book Synopsis Place-Based Evaluation for Integrated Land-Use Management by : Johan Woltjer

Download or read book Place-Based Evaluation for Integrated Land-Use Management written by Johan Woltjer and published by Routledge. This book was released on 2016-03-03 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, there has been an increasing emphasis placed on local and regional integration in major planning projects and infrastructure development including roads, rail and waterways. This emphasis is not only on integrating various projects, but also integrating them with related issues such as housing, industry, environment and water. In other words, land-use planning and infrastructure management have become more spatially-oriented. This book brings together experts in the fields of spatial planning, land-use and infrastructure management to explore the emerging agenda of spatially-oriented integrated evaluation. It weaves together the latest theories, case studies, methods, policy and practice to examine and assess the values, impacts, benefits and the overall success in integrated land-use management. In doing so, the book clarifies the nature and roles of evaluation and puts forward guidance for future policy and practice.

Paying for Infrastructure: California Choices

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Publisher : Public Policy Instit. of CA
ISBN 13 :
Total Pages : 28 pages
Book Rating : 4./5 ( download)

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Download or read book Paying for Infrastructure: California Choices written by and published by Public Policy Instit. of CA. This book was released on with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:

African Policy Innovation and the Political Economy of Public-Private Policy Partnerships

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Publisher : IGI Global
ISBN 13 : 1799873854
Total Pages : 316 pages
Book Rating : 4.7/5 (998 download)

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Book Synopsis African Policy Innovation and the Political Economy of Public-Private Policy Partnerships by : Olayele, Fred

Download or read book African Policy Innovation and the Political Economy of Public-Private Policy Partnerships written by Olayele, Fred and published by IGI Global. This book was released on 2022-06-30 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: A core political economy issue in the growth literature is how to structure the relationship between the public and private sectors to ensure optimal outcomes. While conventional arguments on the ability of the private sector to intrinsically generate efficiency gains remain valid, governments’ traditional role of providing an enabling environment to foster private risk taking for capital accumulation is no less important. African Policy Innovation and the Political Economy of Public-Private Policy Partnerships borrows from contemporary theories of policy change and raises some fundamental questions about the political economy of development in Africa. This book examines the current knowledge and research about the role of public-private policy partnerships in the policy innovation discourse. It contributes a comprehensive, cutting-edge analysis vis-à-vis the appropriateness of contemporary policy devices and paradigms, the compatibility of individualistic analytical frameworks with the African philosophy of Ubuntu, the debate on the rise of neoliberalism versus Africa's traditions and values, and the implications of path dependence for the African Renaissance. From local communities and NGOs to African governments and international development agencies, the author advances a multi-stakeholder development policy and programming framework which recognizes Africa's vastly heterogenous economies and societies. Covering topics such as policy diffusion, demographic shifts, inequality, rentier capitalism, industrial transformation, development finance innovations, venture capital ecosystems, tax policy and supply-side economics, ocean finance, the global minimum tax debate, and higher education under disruptive technologies, this premier reference source is an excellent resource for government officials, policymakers, entrepreneurs, business leaders, libraries, students and educators of higher education, researchers, and academicians.

Access

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Publisher :
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Access by :

Download or read book Access written by and published by . This book was released on 2008 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Faster, Cheaper, Better?

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Publisher :
ISBN 13 :
Total Pages : 214 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Faster, Cheaper, Better? by : California. Legislature. Senate. Committee on Local Government

Download or read book Faster, Cheaper, Better? written by California. Legislature. Senate. Committee on Local Government and published by . This book was released on 2010 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economic Analysis and Infrastructure Investment

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Publisher : University of Chicago Press
ISBN 13 : 022680061X
Total Pages : 479 pages
Book Rating : 4.2/5 (268 download)

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Book Synopsis Economic Analysis and Infrastructure Investment by : Edward L. Glaeser

Download or read book Economic Analysis and Infrastructure Investment written by Edward L. Glaeser and published by University of Chicago Press. This book was released on 2021-11-11 with total page 479 pages. Available in PDF, EPUB and Kindle. Book excerpt: Policy makers often call for increased spending on infrastructure, which can encompass a broad range of investments, from roads and bridges to digital networks that will expand access to high-speed broadband. Some point to the near-term macroeconomic benefits, such as job creation, associated with infrastructure spending; others point to the long-term effects of such spending on productivity and economic growth. Economic Analysis and Infrastructure Investment explores the links between infrastructure investment and economic outcomes, analyzing key economic issues in the funding and management of infrastructure projects. It includes new research on the short-run stimulus effects of infrastructure spending, develops new estimates of the stock of US infrastructure capital, and explores incentive aspects of public-private partnerships with particular attention to their allocation of risk. The volume provides a reference for researchers seeking to study infrastructure issues and for policymakers tasked with determining the appropriate level and allocation of infrastructure spending.

The Transaction Cost Economics of Highway Project Delivery

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Publisher : ProQuest
ISBN 13 : 9780549835653
Total Pages : 586 pages
Book Rating : 4.8/5 (356 download)

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Book Synopsis The Transaction Cost Economics of Highway Project Delivery by : Janice Marie Whittington

Download or read book The Transaction Cost Economics of Highway Project Delivery written by Janice Marie Whittington and published by ProQuest. This book was released on 2008 with total page 586 pages. Available in PDF, EPUB and Kindle. Book excerpt: Design-build delivery combines the tasks of engineering and construction into one contract with a private entity. Literature promoting design-build emphasizes the savings to cost and time earned from value engineering and concurrent engineering. Though increasingly applied, design-build can be controversial, as it is associated with the privatization of public engineering services.

Routledge Companion to Real Estate Development

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Publisher : Routledge
ISBN 13 : 1317428447
Total Pages : 536 pages
Book Rating : 4.3/5 (174 download)

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Book Synopsis Routledge Companion to Real Estate Development by : Graham Squires

Download or read book Routledge Companion to Real Estate Development written by Graham Squires and published by Routledge. This book was released on 2017-09-07 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt: Real estate development shapes the way people live and work, playing a crucial role in determining our built environment. Around the world, real estate development reflects both universal human needs and region-specific requirements, and with the rise of globalization there is an increasing need to better understand the full complexity of global real estate development. This Companion provides comprehensive coverage of the major contemporary themes and issues in the field of real estate development research. Topics covered include: social and spatial impact markets and economics organization and management finance and investment environment and sustainability design land use policy and governance. A team of international experts across the fields of real estate, planning, geography, economics and architecture reflect the increasingly interdisciplinary nature of real estate studies, providing the book with a depth and breadth of original research. Following on from the success of the textbook International Approaches to Real Estate Development, the Routledge Companion to Real Estate Development provides the up-to-date research needed for a full and sophisticated understanding of the subject. It will be an invaluable resource to students, researchers and professionals wishing to study real estate development on an international scale.

Improving California's Infrastructure Services

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ISBN 13 :
Total Pages : 40 pages
Book Rating : 4.:/5 (1 download)

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Book Synopsis Improving California's Infrastructure Services by : David E. Dowall

Download or read book Improving California's Infrastructure Services written by David E. Dowall and published by . This book was released on 2008 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Planning Water Use in California

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ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.3/5 (121 download)

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Book Synopsis Planning Water Use in California by : William Alan Eisenstein

Download or read book Planning Water Use in California written by William Alan Eisenstein and published by . This book was released on 2008 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Transaction Costs and the Choice of Contractual Arrangements in the Construction Industry in Hong Kong

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Publisher : Open Dissertation Press
ISBN 13 : 9781361273326
Total Pages : pages
Book Rating : 4.2/5 (733 download)

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Book Synopsis The Transaction Costs and the Choice of Contractual Arrangements in the Construction Industry in Hong Kong by : Kiu-Wai Chan

Download or read book The Transaction Costs and the Choice of Contractual Arrangements in the Construction Industry in Hong Kong written by Kiu-Wai Chan and published by Open Dissertation Press. This book was released on 2017-01-26 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation, "The Transaction Costs and the Choice of Contractual Arrangements in the Construction Industry in Hong Kong" by Kiu-wai, Chan, 陳喬威, was obtained from The University of Hong Kong (Pokfulam, Hong Kong) and is being sold pursuant to Creative Commons: Attribution 3.0 Hong Kong License. The content of this dissertation has not been altered in any way. We have altered the formatting in order to facilitate the ease of printing and reading of the dissertation. All rights not granted by the above license are retained by the author. Abstract: This thesis follows a neo-institutional economics approach to analyse the economic nature of contractual arrangements in the Hong Kong construction industry. It explains that subcontracting can reduce transaction costs: (1) using piece-rate contracts to replace time-wage contracts to save the high costs of monitoring; and (2) using subcontractors as intermediaries to perform tasks at a lower transaction cost due to their comparative advantages in gathering price information, specific knowledge and resources. The above assertions are evaluated in terms of three refutable hypotheses using statistics published by the Census and Statistics Department of the Hong Kong SAR Government. Hypothesis I: To be employed with short term contracts is not preferred by the construction workers than to be employed with long term contracts; Hypothesis II: A subcontractor is not more commonly used in construction works of higher values than in those of lower values; Hypothesis III: A subcontractor is not more commonly used in construction works by ordinary trades than in those by special trades. In Table 1 summarizes the test results for each hypothesis and states their wider theoretical implications. The three hypotheses are all refuted. The message is that subcontracting is neither an inefficient contractual arrangement nor a means of exploitation by the upstream contractors. It is rather the result of the free choice of the contracting parties, as a matter of constrained maximization in a private property rights system, seeking to reduce transaction costs. Table 1. Summary of Tests Results for Hypotheses I, II and III Hypotheses Regarding Subcontracting in the Hong Kong Construction Industry Test Results Theoretical Implications Hypothesis I To be employed with short term contracts is not preferred by the construction workers than to be employed with long term contracts. Hypothesis refuted. The construction workers prefer being employed with piece-rate contracts or casual daily wage contracts. Hypothesis II A subcontractor is not more commonly used in construction works of higher values than in those of lower values. Hypothesis refuted. A subcontractor is more commonly used in construction works of higher values and by ordinary trades. Subcontracting is not a matter of random choice but for reducing transaction costs. Subcontracting decision would depend on the characteristics of the construction works. Hypothesis III A subcontractor is not more commonly used in construction works by ordinary trades than in those by special trades. Hypothesis refuted. A subcontractor is more commonly used in construction works of higher values and by ordinary trades. Subcontracting is not a matter of random choice but for reducing transaction costs. Subcontracting decision would depend on the characteristics of the construction works. DOI: 10.5353/th_b4728004 Subjects: Construction contracts - China - Hong Kong - Economic aspects Transaction costs

Transaction Cost Management

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Publisher : Springer
ISBN 13 : 331906889X
Total Pages : 273 pages
Book Rating : 4.3/5 (19 download)

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Book Synopsis Transaction Cost Management by : Chihiro Suematsu

Download or read book Transaction Cost Management written by Chihiro Suematsu and published by Springer. This book was released on 2014-08-07 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: All organizations, institutions, business processes, markets and strategies have one aim in common: the reduction of transaction costs. This aim is pursued relentlessly in practice, and has been perceived to bring about drastic changes, especially in the recent global market and the cyber economy. This book analyzes and describes “transactions” as a model, on the basis of which organizations, institutions and business processes can be appropriately shaped. It tracks transaction costs to enable a scientific approach instead of a widely used “state-of-the-art” approach, working to bridge the gap between theory and practice. This open access book analyzes and describes “transactions” as a model...