Cookies?
Library Header Image
LSE Research Online LSE Library Services

What is good architecture worth?

Ahlfeldt, Gabriel M. and Cheshire, Paul (2015) What is good architecture worth? Spatial Economics Research Centre Blog (24 Apr 2015). Blog.

[img]
Preview
Text
Download (129kB) | Preview

Abstract

Posted by Gabriel Ahlfeldt & Paul Cheshire, SERC and LSE Economists, unlike cynics, do not know the price of everything – not by a long way. Certainly we do not know the price of good architecture. Apart from anything else identifying ‘good architecture’ is highly subjective. So to measure its price you have to make some brave assumptions about what it is and where to find it. And from an economic perspective the price is not the interesting issue. The interesting issue is: left to their own devices, would markets under or over provide ‘good architecture’? In the jargon, is there a problem of market failure?

Item Type: Website (Blog)
Official URL: http://spatial-economics.blogspot.co.uk/
Additional Information: © 2015 The Author(s)
Subjects: H Social Sciences > HD Industries. Land use. Labor
J Political Science > JC Political theory
N Fine Arts > NA Architecture
Sets: Departments > European Institute
Departments > Geography and Environment
Research centres and groups > Spatial Economics Research Centre
Research centres and groups > Greater London Group
Collections > LSE Spatial Economics Research Centre Blog
Date Deposited: 28 Jun 2017 11:07
Last Modified: 28 Jun 2017 11:07
URI: http://eprints.lse.ac.uk/id/eprint/82570

Actions (login required)

View Item View Item

Downloads

Downloads per month over past year

View more statistics