Publication:
Trust or Property Rights? Can Trusted Relationships Substitute for Costly Land Registration in West African Cities?

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dc.contributor.authorLetrouit, Lucie
dc.contributor.authorSelod, Harris
dc.date.accessioned2020-07-06T16:01:38Z
dc.date.available2020-07-06T16:01:38Z
dc.date.issued2020-06
dc.description.abstractThe paper studies the market failures associated with land tenure insecurity and information asymmetry in an urban land use model, and analyzes households' responses to mitigate tenure insecurity. When buyers and sellers of land plots can pair along trusted kinship lines whereby deception (the non-disclosure of competing claims on a land plot to a buyer) is socially penalized, information asymmetry is attenuated, but overall participation in the land market is reduced. Alternatively, when owners can make land plots secure by paying to register them in a cadaster, both information asymmetry and tenure insecurity are reduced, but the registration cost limits land market participation at the periphery of the city. The paper then compares the overall surpluses under these trust and registration models and under a hybrid version of the model that reflects the context of today's West African cities where both registration and trusted relationships are simultaneously available to residents. The analysis highlights the substitutability of trusted relationships to costly registration and predicts the gradual evolution of economies towards the socially preferable registration system if registration costs can be sufficiently reduced.en
dc.identifierhttp://documents.worldbank.org/curated/en/200241593532750315/Trust-or-Property-Rights-Can-Trusted-Relationships-Substitute-for-Costly-Land-Registration-in-West-African-Cities
dc.identifier.doi10.1596/1813-9450-9310
dc.identifier.urihttps://hdl.handle.net/10986/34025
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 9310
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectLAND MARKET
dc.subjectPROPERTY RIGHTS
dc.subjectINFORMATION ASSYMETRY
dc.subjectLAND USE
dc.subjectLAND REGISTRATION
dc.subjectETHNIC KINSHIP
dc.subjectINFORMAL LAND USE
dc.subjectLAND TENURE INSECURITY
dc.titleTrust or Property Rights? Can Trusted Relationships Substitute for Costly Land Registration in West African Cities?en
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleTrust or Property Rights? Can Trusted Relationships Substitute for Costly Land Registration in West African Cities?
okr.date.disclosure2020-06-30
okr.doctypePublications & Research
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/200241593532750315/Trust-or-Property-Rights-Can-Trusted-Relationships-Substitute-for-Costly-Land-Registration-in-West-African-Cities
okr.guid200241593532750315
okr.identifier.doi10.1596/1813-9450-9310
okr.identifier.externaldocumentum090224b087b337c6_3_0
okr.identifier.internaldocumentum32202200
okr.identifier.reportWPS9310
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/200241593532750315/pdf/Trust-or-Property-Rights-Can-Trusted-Relationships-Substitute-for-Costly-Land-Registration-in-West-African-Cities.pdfen
okr.region.administrativeAfrica
okr.region.geographicalWest Africa
okr.statistics.combined829
okr.statistics.dr200241593532750315
okr.statistics.drstats563
okr.topicCommunities and Human Settlements::Land Administration
okr.topicCommunities and Human Settlements::Land Information Systems
okr.topicCommunities and Human Settlements::Land Use and Policies
okr.unitDevelopment Research Group, Development Economics
relation.isAuthorOfPublicationb820a7e2-dfb8-5b00-911b-d8822f6724cc
relation.isAuthorOfPublication.latestForDiscoveryb820a7e2-dfb8-5b00-911b-d8822f6724cc
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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