{"product_id":"institutional-choices-and-designs-in-neighborhood-management-von-simon-chen","title":"Institutional Choices and designs in neighborhood management","description":"\u003cp\u003eThis book uses new institutional economics (NIE) to  discuss current trends in planning and the  institutional shift from government to market via  homeowners associations(HOA). The private governance  of HOAs actually is not a pure market-oriented  planning institution. It has transaction costs  stemming from the use of democracy in making  collective choices. Its institutional position,  therefore, is in the middle between government and  Multiple-tenant income properties (like shopping  mall), a pure market-oriented planning institution.  The idea of private planning and management via HOAs,  however, needs to admit that if HOAs are more  efficient than municipal government at the present  time, it may only be because, its public services are  delivered by property management companies, which are  more competitive and more efficient than direct  government providers. So, the book helps to clarify a  necessary distinction between contractual governance  and contractual management.  The book also furthers our understanding of HOAs and  implications of HOAs in the urban management and  governance.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783838360676\"\u003e\u003ch3\u003e\u003c\/h3\u003e\u003c\/div\u003e","brand":"Autorenwelt Shop","offers":[{"title":"Softcover - 9783838360676","offer_id":39498916495453,"sku":"9783838360676","price":79.0,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/3245382f-06be-4fe6-9f62-d38b016428a8.jpg?v=1775364639","url":"https:\/\/shop.autorenwelt.de\/en\/products\/institutional-choices-and-designs-in-neighborhood-management-von-simon-chen","provider":"Autorenwelt Shop","version":"1.0","type":"link"}