Macau Squares: Discerning the Triadic Sign Model of Built-Heritage
Mark Hansley Yang Chua
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Mark Hansley Yang Chua: Department of Real Estate and Construction, Faculty of Architecture, University of Hong Kong, Hong Kong
Sustainability, 2021, vol. 13, issue 13, 1-13
Abstract:
Despite an objectivist vision by many heritage conservation bodies, the extant literature mostly dwells on the value of heritage as something subjective and arbitrary. Semiotically treating built-heritage as a Peircian triadic sign, instead of a dyadic sign, could reconcile this apparent dichotomy. Some squares of Macau]’s Historic Centre are taken as case study. Using a Coasian perspective, this paper argues how the meaning-delimiting consequences of a triadic semiotic framework allow for a lower transaction cost in valuation and eventually a more sustainable conservation. This has been confirmed by an expert decision in designating the relatively new squares as heritage protected areas.
Keywords: triadic sign; heritage conservation; square; Macau; transaction cost (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:13:y:2021:i:13:p:7024-:d:580017
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