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Property Rights and Infrastructure Developments. Noriko Ashiya Faculty of Real Estate, Meikai University 1, Akemi, Urayasu-shi , Chiba-ken 279-8550, JAPAN Email: nashiya@meikai.ac.jp. Session: PPF, PPP & Infrastructures Presentation time: July 5, 15:30-17:00. Outline.
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Property Rights and Infrastructure Developments Noriko Ashiya Faculty of Real Estate, Meikai University 1, Akemi, Urayasu-shi, Chiba-ken 279-8550, JAPAN Email: nashiya@meikai.ac.jp Session: PPF, PPP & InfrastructuresPresentation time: July 5, 15:30-17:00 European Real Estate Society 2013 Annual Conference in Vienna
Outline • 1. The Formula for Developer’s Objective • 2. The Formula for Land Owner’s Objective • 3. Economic Welfare and a Proposition European Real Estate Society 2013 Annual Conference in Vienna
1. The Formula for Developer’s Objective European Real Estate Society 2013 Annual Conference in Vienna
European Real Estate Society 2013 Annual Conference in Vienna
European Real Estate Society 2013 Annual Conference in Vienna European Real Estate Society 2013 Annual Conference in Vienna
1. The Formula for Land Owner’s Objective European Real Estate Society 2013 Annual Conference in Vienna
European Real Estate Society 2013 Annual Conference in Vienna
3. Economic Welfare and a Proposition European Real Estate Society 2013 Annual Conference in Vienna
European Real Estate Society 2013 Annual Conference in Vienna
Proposition • Condition under which additional compensation will increase social welfare: European Real Estate Society 2013 Annual Conference in Vienna
In other words, European Real Estate Society 2013 Annual Conference in Vienna
In general, European Real Estate Society 2013 Annual Conference in Vienna
Summary • 1. The Formula for Developer’s Objective • 2. The Formula for Land Owner’s Objective • 3. Economic Welfare and a Proposition European Real Estate Society 2013 Annual Conference in Vienna
Thank you for listening. European Real Estate Society 2013 Annual Conference in Vienna
Property Rights and Infrastructure Developments Noriko Ashiya Faculty of Real Estate, Meikai University 1, Akemi, Urayasu-shi, Chiba-ken 279-8550, JAPAN Email: nashiya@meikai.ac.jp Thank you for listening. European Real Estate Society 2013 Annual Conference in Vienna