Citizen Participation, the 'Knowledge Problem' and Urban Land Use Planning: An Austrian Perspective on Institutional Choice
Mark Pennington
The Review of Austrian Economics, 2004, vol. 17, issue 2_3, 213-231
Abstract:
At the forefront of the argument for government-directed land use planning is the notion that 'citizen participation' in urban land use decisions can avoid the problems associated with bureaucratic governance and tackle widespread instances of 'market failure'. Using illustrations from the British land use planning system this paper argues that participatory planning models are insufficiently attuned to the problems of social co-ordination generated by the absence of market prices and of the importance of private property rights in facilitating 'experiments in urban living'.
Date: 2004
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