The Analysis of “Housing with Informal Property Rightsfrom the View of Transaction Costs

摘要：

Housing with informal property rights is a unique phenomenon in China, compared with the “housing with formal property rights. Different attitudes of China government to it lead to different transaction costs. Without government intervention, it can save lots of transaction costs, which bring benefits to every principal (except local governments at city and county level).Under the intervention of government, it may face great risks, and can increase some principals’ transaction costs. Based on this, we can say how to solve the issue of “housing with informal property rights largely depends on the attitude of China government.

关键词： housing without formal property rights housing with formal property rights transaction cost government intervention

作者: QIN Fengwei CUI Wei LI Zhi

作者单位: School of Management, Beijing NormalUniversity, Beijing, China 100875 School of Management, Beijing Normal University, Beijing, China100875

会议类型: 国际会议

会议名称: 2009 International Conference on Construction & Real Estate Management(2009建设与房地产管理国际会议)

会议地点: 北京

会议语种:英文

页码: 1095-1098

在线出版日期: 2009-11-05（万方平台首次上网日期，不代表论文的发表时间）