Private and social costs of planning delay
Language: English Series: Urban Studies ; 29(50 1992, 687-699(13)Publication details: 1992Subject(s): Summary: Examines planning delay and identifies the difficulty in establishing an appropriate definition and measure of delay. Outlines an economic framework for the analysis of delay costs, distinguishing between private costs and various elements of social cost. It shows that the costs of delay are contigent upon the restrictiveness of planning and should be assessed in relation to the benefits of planning control. Available estimates of delay costs are identified, but are shown to be deficient even as measures of the private cost of delay. Various suggestions are made for the improvement of existing approaches, but it is concluded that the assessment of private and social delay costs requires case study research which distinguishes between property sectors, locations and different points in the cycle of property development. (Journal abstract). References.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS46807 (Browse shelf(Opens below)) | 1 | Available | 59537-1001 |
Browsing London shelves, Shelving location: Journal article Close shelf browser (Hides shelf browser)
Examines planning delay and identifies the difficulty in establishing an appropriate definition and measure of delay. Outlines an economic framework for the analysis of delay costs, distinguishing between private costs and various elements of social cost. It shows that the costs of delay are contigent upon the restrictiveness of planning and should be assessed in relation to the benefits of planning control. Available estimates of delay costs are identified, but are shown to be deficient even as measures of the private cost of delay. Various suggestions are made for the improvement of existing approaches, but it is concluded that the assessment of private and social delay costs requires case study research which distinguishes between property sectors, locations and different points in the cycle of property development. (Journal abstract). References.