A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Laboratory Experiments of Tradable Development Rights: A Synthesis of Different Treatments
Tradable development rights (TDR) are considered by scholars and regulators in various countries as a means of reducing land consumption efficiently. Similar to the development of CO2-certificate trading schemes, the methodology of experimental economics can be used to derive empirical evidence on the core parameters and problems of TDR schemes, thus extending theoretical modelling and evidence from case studies. Building on a common laboratory experimental framework, we discuss results from five distinct experiments that consider mechanisms of allocation, resilience against external shocks, political business cycles, communication and collusion, and risk. These results provide initial empirical directions for the further study and introduction of TDR schemes for managing and reducing environmental issues related to land consumption for building projects. ; Open-Access-Publikationsfonds 2018 ; peerReviewed
Laboratory Experiments of Tradable Development Rights: A Synthesis of Different Treatments
Tradable development rights (TDR) are considered by scholars and regulators in various countries as a means of reducing land consumption efficiently. Similar to the development of CO2-certificate trading schemes, the methodology of experimental economics can be used to derive empirical evidence on the core parameters and problems of TDR schemes, thus extending theoretical modelling and evidence from case studies. Building on a common laboratory experimental framework, we discuss results from five distinct experiments that consider mechanisms of allocation, resilience against external shocks, political business cycles, communication and collusion, and risk. These results provide initial empirical directions for the further study and introduction of TDR schemes for managing and reducing environmental issues related to land consumption for building projects. ; Open-Access-Publikationsfonds 2018 ; peerReviewed
Laboratory Experiments of Tradable Development Rights: A Synthesis of Different Treatments
Proeger, Till (author) / Meub, Lukas (author) / Bizer, Kilian (author)
2018-01-01
doi:10.3390/su10061972
Article (Journal)
Electronic Resource
English
DDC:
690
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