A Review of The Models of Land Development Process: The Agency Models

In paper 1 it was revealed that both the equilibrium and event-sequence models of the land development process lack emphasis on the relationship of agents involved where the actors are treated as homogenous, with equal freedom of entry and having perfect knowledge of the market. In tms paper 2, the...

Full description

Saved in:
Bibliographic Details
Main Author: Ismail, Maziah
Format: Article
Language:en
Published: Fakulti Ukur dan Harta Tanah 1996
Subjects:
Online Access:http://eprints.utm.my/4884/1/AReview.pdf
http://eprints.utm.my/4884/
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1845471237621415936
author Ismail, Maziah
author_facet Ismail, Maziah
author_sort Ismail, Maziah
building UTM Library
collection Institutional Repository
content_provider Universiti Teknologi Malaysia
content_source UTM Institutional Repository
continent Asia
country Malaysia
description In paper 1 it was revealed that both the equilibrium and event-sequence models of the land development process lack emphasis on the relationship of agents involved where the actors are treated as homogenous, with equal freedom of entry and having perfect knowledge of the market. In tms paper 2, the agency model suggested that, in reality, the actors are heterogenous, monopoly powers dominate and knowledge is imperfect. However, it is concluded .that this model gives too much emphasis to the actors and the interactions. Hence, it is too descriptive and lacking critical appraisal as well as mention of the wider forces.
format Article
id my.utm.eprints-4884
institution Universiti Teknologi Malaysia
language en
publishDate 1996
publisher Fakulti Ukur dan Harta Tanah
record_format eprints
spelling my.utm.eprints-48842010-06-01T03:21:36Z http://eprints.utm.my/4884/ A Review of The Models of Land Development Process: The Agency Models Ismail, Maziah H Social Sciences (General) In paper 1 it was revealed that both the equilibrium and event-sequence models of the land development process lack emphasis on the relationship of agents involved where the actors are treated as homogenous, with equal freedom of entry and having perfect knowledge of the market. In tms paper 2, the agency model suggested that, in reality, the actors are heterogenous, monopoly powers dominate and knowledge is imperfect. However, it is concluded .that this model gives too much emphasis to the actors and the interactions. Hence, it is too descriptive and lacking critical appraisal as well as mention of the wider forces. Fakulti Ukur dan Harta Tanah 1996-09 Article PeerReviewed application/pdf en http://eprints.utm.my/4884/1/AReview.pdf Ismail, Maziah (1996) A Review of The Models of Land Development Process: The Agency Models. Buletin Ukur, 7 (2). pp. 80-99. ISSN 0128-4274
spellingShingle H Social Sciences (General)
Ismail, Maziah
A Review of The Models of Land Development Process: The Agency Models
title A Review of The Models of Land Development Process: The Agency Models
title_full A Review of The Models of Land Development Process: The Agency Models
title_fullStr A Review of The Models of Land Development Process: The Agency Models
title_full_unstemmed A Review of The Models of Land Development Process: The Agency Models
title_short A Review of The Models of Land Development Process: The Agency Models
title_sort review of the models of land development process: the agency models
topic H Social Sciences (General)
url http://eprints.utm.my/4884/1/AReview.pdf
http://eprints.utm.my/4884/
url_provider http://eprints.utm.my/