Contracts, Behavior, and the Land-assembly Problem: An Experimental Study
In: Experiments on Energy, the Environment, and Sustainability
Author
Abstract
Suggested Citation
DOI: 10.1108/S0193-2306(2011)0000014008
Download full text from publisher
As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.
Other versions of this item:
- Kurtis Swope & Pamela Schmitt & John Cadigan & Ryan Wielgus, 2010. "Contracts, Behavior, and the Land-Assembly Problem:An Experimental Study," Departmental Working Papers 29, United States Naval Academy Department of Economics.
References listed on IDEAS
- Strange William C., 1995. "Information, Holdouts, and Land Assembly," Journal of Urban Economics, Elsevier, vol. 38(3), pages 317-332, November.
- Thomas J. Miceli & Kathleen Segerson, 2007.
"A Bargaining Model of Holdouts and Takings,"
American Law and Economics Review, American Law and Economics Association, vol. 9(1), pages 160-174.
- Thomas Miceli & Kathleen Segerson, 2006. "A Bargaining Model of Holdouts and Takings," Working papers 2006-22, University of Connecticut, Department of Economics, revised Mar 2007.
- Cadigan, John & Schmitt, Pamela & Shupp, Robert & Swope, Kurtis, 2011.
"The holdout problem and urban sprawl: Experimental evidence,"
Journal of Urban Economics, Elsevier, vol. 69(1), pages 72-81, January.
- Kurtis Swope & Pamela Schmitt & John Cadigan & Robert Shupp, 2009. "The Holdout Problem and Urban Sprawl: Experimental Evidence," Departmental Working Papers 24, United States Naval Academy Department of Economics.
- John Cadigan & Pamela Schmitt & Robert Shupp & Kurtis Swope, 2009.
"An Experimental Study of the Holdout Problem in a Multilateral Bargaining Game,"
Southern Economic Journal, John Wiley & Sons, vol. 76(2), pages 444-457, October.
- Kurtis Swope & Pamela Schmitt & John Cadigan & Robert Shupp, 2008. "An Experimental Study of the Holdout Problem in a Multilateral Bargaining Game," Departmental Working Papers 21, United States Naval Academy Department of Economics.
- Stephanie Lau, 2008. "Information and bargaining in the hold‐up problem," RAND Journal of Economics, RAND Corporation, vol. 39(1), pages 266-282, March.
- Alessandro Marchesiani & Ed Nosal, 2017.
"Private takings,"
Journal of Public Economic Theory, Association for Public Economic Theory, vol. 19(3), pages 639-657, June.
- Ed Nosal, 2007. "Private takings," Working Papers (Old Series) 0713, Federal Reserve Bank of Cleveland.
- Alessandro Marchesiani & Ed Nosal, 2014. "Private Takings," Working Paper Series WP-2014-26, Federal Reserve Bank of Chicago.
- R. H. Coase, 2013.
"The Problem of Social Cost,"
Journal of Law and Economics, University of Chicago Press, vol. 56(4), pages 837-877.
- Ronald H. Coase, 1960. "The Problem of Social Cost," Palgrave Macmillan Books, in: Chennat Gopalakrishnan (ed.), Classic Papers in Natural Resource Economics, chapter 5, pages 87-137, Palgrave Macmillan.
- Dawid, Herbert & MacLeod, W. Bentley, 2008. "Hold-up and the evolution of investment and bargaining norms," Games and Economic Behavior, Elsevier, vol. 62(1), pages 26-52, January.
- Charles A. Holt & Susan K. Laury, 2002. "Risk Aversion and Incentive Effects," American Economic Review, American Economic Association, vol. 92(5), pages 1644-1655, December.
- Gneezy, Uri & Haruvy, Ernan & Roth, Alvin E., 2003. "Bargaining under a deadline: evidence from the reverse ultimatum game," Games and Economic Behavior, Elsevier, vol. 45(2), pages 347-368, November.
- Menezes, Flavio & Pitchford, Rohan, 2004.
"The land assembly problem revisited,"
Regional Science and Urban Economics, Elsevier, vol. 34(2), pages 155-162, March.
- Menezes, Flavio Marques & Pitchford, Rohan, 2001. "The land assembly problem revisited," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 427, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
- Schmitz, Patrick W., 2008.
"Incomplete contracts, the hold-up problem, and asymmetric information,"
Economics Letters, Elsevier, vol. 99(1), pages 119-122, April.
- Schmitz, Patrick W., 2007. "Incomplete Contracts, the Hold-Up Problem and Asymmetric Information," CEPR Discussion Papers 6322, C.E.P.R. Discussion Papers.
- Flavio Menezes & Rohan Pitchford, 2004. "A model of seller holdout," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 24(2), pages 231-253, August.
- Ellingsen, Tore & Robles, Jack, 2002.
"Does Evolution Solve the Hold-Up Problem?,"
Games and Economic Behavior, Elsevier, vol. 39(1), pages 28-53, April.
- Tore Ellingsen & Jack Robles, 2000. "Does Evolution Solve the Hold-up Problem," Econometric Society World Congress 2000 Contributed Papers 1525, Econometric Society.
- Ellingsen, Tore & Robles, Jack, 2000. "Does Evolution Solve the Hold-up Problem?," SSE/EFI Working Paper Series in Economics and Finance 358, Stockholm School of Economics.
- Miceli, Thomas J. & Sirmans, C.F., 2007. "The holdout problem, urban sprawl, and eminent domain," Journal of Housing Economics, Elsevier, vol. 16(3-4), pages 309-319, November.
- Eckart, Wolfgang, 1985. "On the land assembly problem," Journal of Urban Economics, Elsevier, vol. 18(3), pages 364-378, November.
- Tore Ellingsen & Magnus Johannesson, 2004.
"Is There a Hold‐up Problem?,"
Scandinavian Journal of Economics, Wiley Blackwell, vol. 106(3), pages 475-494, October.
- Ellingsen, Tore & Johannesson, Magnus, 2000. "Is There a Hold-up Problem?," SSE/EFI Working Paper Series in Economics and Finance 357, Stockholm School of Economics.
- John Cadigan & Pamela Schmitt & Robert Shupp & Kurtis Swope1, 2009.
"An Experimental Study of the Holdout Problem in a Multilateral Bargaining Game,"
Southern Economic Journal, John Wiley & Sons, vol. 76(2), pages 344-457, October.
- Kurtis Swope & Pamela Schmitt & John Cadigan & Robert Shupp, 2008. "An Experimental Study of the Holdout Problem in a Multilateral Bargaining Game," Departmental Working Papers 21, United States Naval Academy Department of Economics.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Sean M. Collins & R. Mark Isaac, 2012. "Holdout: Existence, Information, and Contingent Contracting," Journal of Law and Economics, University of Chicago Press, vol. 55(4), pages 793-814.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- John Cadigan & Pamela Schmitt & Robert Shupp & Kurtis Swope, 2009.
"An Experimental Study of the Holdout Problem in a Multilateral Bargaining Game,"
Southern Economic Journal, John Wiley & Sons, vol. 76(2), pages 444-457, October.
- Kurtis Swope & Pamela Schmitt & John Cadigan & Robert Shupp, 2008. "An Experimental Study of the Holdout Problem in a Multilateral Bargaining Game," Departmental Working Papers 21, United States Naval Academy Department of Economics.
- Cadigan, John & Schmitt, Pamela & Shupp, Robert & Swope, Kurtis, 2011.
"The holdout problem and urban sprawl: Experimental evidence,"
Journal of Urban Economics, Elsevier, vol. 69(1), pages 72-81, January.
- Kurtis Swope & Pamela Schmitt & John Cadigan & Robert Shupp, 2009. "The Holdout Problem and Urban Sprawl: Experimental Evidence," Departmental Working Papers 24, United States Naval Academy Department of Economics.
- Winn, Abel M. & McCarter, Matthew W., 2018.
"Who's holding out? An experimental study of the benefits and burdens of eminent domain,"
Journal of Urban Economics, Elsevier, vol. 105(C), pages 176-185.
- Abel M. Winn & Matthew W. McCarter, 2016. "Who’s Holding Out? An Experimental Study of the Benefits and Burdens of Eminent Domain," Working Papers 0154mkt, College of Business, University of Texas at San Antonio.
- Parente, Michael D. & Winn, Abel M., 2012. "Bargaining behavior and the tragedy of the anticommons," Journal of Economic Behavior & Organization, Elsevier, vol. 84(2), pages 475-490.
- Isaac, R. Mark & Kitchens, Carl & Portillo, Javier E., 2016. "Can buyer “mobility” reduce aggregation failures in land-assembly?," Journal of Urban Economics, Elsevier, vol. 95(C), pages 16-30.
- Portillo, Javier E., 2019. "Land-assembly and externalities: How do positive post-development externalities affect land aggregation outcomes?," Regional Science and Urban Economics, Elsevier, vol. 77(C), pages 104-124.
- Usha Sridhar & Sridhar Mandyam, 2013. "A Group Utility Maximizer Mechanism for Land Assembly," The Journal of Real Estate Finance and Economics, Springer, vol. 47(3), pages 466-488, October.
- Sean M. Collins & R. Mark Isaac, 2012. "Holdout: Existence, Information, and Contingent Contracting," Journal of Law and Economics, University of Chicago Press, vol. 55(4), pages 793-814.
- Chaturvedi, Rakesh & Kanjilal, Kiriti, 2021. "Experimental analysis of a land assembly mechanism," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 91(C).
- Thomas Miceli, 2011.
"Free riders, holdouts, and public use: a tale of two externalities,"
Public Choice, Springer, vol. 148(1), pages 105-117, July.
- Thomas J. Miceli, 2009. "Free Riders, Holdouts, and Public Use: A Tale of Two Externalities," Working papers 2009-01, University of Connecticut, Department of Economics.
- Uyanik, Metin & Yengin, Duygu, 2023. "Expropriation power in private dealings: Quota rule in collective sales," Games and Economic Behavior, Elsevier, vol. 141(C), pages 548-580.
- Grossman, Zachary & Pincus, Jonathan & Shapiro, Perry & Yengin, Duygu, 2019.
"Second-best mechanisms for land assembly and hold-out problems,"
Journal of Public Economics, Elsevier, vol. 175(C), pages 1-16.
- Zachary Grossman & Jonathan Pincus & Perry Shapiro & Duygu Yengin, 2018. "Second-Best Mechanisms for Land Assembly and Hold-Out Problems," School of Economics and Public Policy Working Papers 2018-14, University of Adelaide, School of Economics and Public Policy.
- Paul F. Byrne, 2017. "Have Post-Kelo Restrictions on Eminent Domain Influenced State Economic Development?," Economic Development Quarterly, , vol. 31(1), pages 81-91, February.
- Kitchens, Carl & Roomets, Alex, 2015. "Dealing with eminent domain," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 54(C), pages 22-31.
- Arthur Zillante & Peter M. Schwarz & Dustin C. Read, 2014. "Land Aggregation Using Contingent and Guaranteed Payments," Southern Economic Journal, John Wiley & Sons, vol. 80(3), pages 702-727, January.
- Swope, Kurtis J. & Cadigan, John & Schmitt, Pamela, 2014. "That's my final offer! Bargaining behavior with costly delay and credible commitment," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 49(C), pages 44-53.
- In Park, 2013. "Modeling the externalities and redevelopment of a run-down area," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 51(3), pages 893-915, December.
- Jana, Arnab & Basu, Rounaq & Mukherjee, Conan, 2020. "A game theoretic approach to optimize multi-stakeholder utilities for land acquisition negotiations with informality," Socio-Economic Planning Sciences, Elsevier, vol. 69(C).
- McFarlane, Nick & Hurley, Joe & Sun, Qian (Chayn), 2023. "Private-led land assembly and urban consolidation: The relative influence of regulatory zoning mechanisms," Land Use Policy, Elsevier, vol. 134(C).
- Vincent Mak & Rami Zwick, 2024. "Fairness and Transparency in One-to-Many Bargaining with Complementarity: An Experimental Study," Games, MDPI, vol. 15(4), pages 1-29, June.
More about this item
Keywords
Land assembly; land fragmentation; holdout problem; holdup problem;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eme:rexezz:s0193-2306(2011)0000014008. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Emerald Support (email available below). General contact details of provider: .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.