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...
| Main Author: | |
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| Format: | Article |
| Language: | English |
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Fakulti Ukur dan Harta Tanah
1996
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| Online Access: | http://eprints.utm.my/4884/ http://eprints.utm.my/4884/1/AReview.pdf |
| _version_ | 1848890912019578880 |
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| author | Ismail, Maziah |
| author_facet | Ismail, Maziah |
| author_sort | Ismail, Maziah |
| building | UTeM Institutional Repository |
| collection | Online Access |
| 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. |
| first_indexed | 2025-11-15T20:49:36Z |
| format | Article |
| id | utm-4884 |
| institution | Universiti Teknologi Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T20:49:36Z |
| publishDate | 1996 |
| publisher | Fakulti Ukur dan Harta Tanah |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | utm-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/ http://eprints.utm.my/4884/1/AReview.pdf |