Collective action problems: Difference between revisions
Content added Content deleted
imported>LondonYIMBY No edit summary |
imported>LondonYIMBY No edit summary |
||
| Line 10: | Line 10: | ||
One of the rare formal papers on the political economy of housing demonstrated that the ‘most natural way to break the vicious circle of housing undersupply is to create simple legal instruments through which local communities can appropriate windfall gains.’<sup>3</sup> |
One of the rare formal papers on the political economy of housing demonstrated that the ‘most natural way to break the vicious circle of housing undersupply is to create simple legal instruments through which local communities can appropriate windfall gains.’<sup>3</sup> |
||
[https://law.yale.edu/david-n-schleicher David Schleicher] has examined how collective action problems arise in getting approvals to build.<sup>4</sup> |
|||
=== Overcoming collective action problems === |
=== Overcoming collective action problems === |
||