How do landowners price their lands during land expropriation and the motives behind it : an explanation from a WTA/WTP experiment in Central Beijing
In: Urban studies (Harlow), Jg. 51 (2014), Heft 2, S. 412-427
Online
academicJournal
- print, 2 p
Zugriff:
This paper estimates and discusses the ‘willingness to accept–willingness to pay’ (WTA–WTP) gap for surveyed residents of their own houses during land expropriation in central Beijing, China. It reaches the conclusion that in our case the high compensation required by property owners largely derives from opportunistic pricing behaviour rather than sentimental attachment to the dwellings that is unobservable in the market price, and that the WTA of the residents is intentionally overpriced.
Titel: |
How do landowners price their lands during land expropriation and the motives behind it : an explanation from a WTA/WTP experiment in Central Beijing
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Autor/in / Beteiligte Person: | HE, Z ; ASAMI, Y |
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Zeitschrift: | Urban studies (Harlow), Jg. 51 (2014), Heft 2, S. 412-427 |
Veröffentlichung: | Harlow: Longman Group, 2014 |
Medientyp: | academicJournal |
Umfang: | print, 2 p |
ISSN: | 0042-0980 (print) |
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