Academic Journal

Ask a Local: Improving the Public Pricing of Land Titles in Urban Tanzania.

التفاصيل البيبلوغرافية
العنوان: Ask a Local: Improving the Public Pricing of Land Titles in Urban Tanzania.
المؤلفون: Manara, Martina1 (AUTHOR), Regan, Tanner2 (AUTHOR)
المصدر: Review of Economics & Statistics. Jan2025, Vol. 107 Issue 1, p188-203. 16p.
مصطلحات موضوعية: *MONETARY incentives, *WILLINGNESS to pay, *REAL property sales & prices, *PRICES, LAND titles
مستخلص: Information on willingness-to-pay is key for public pricing and allocation of services but not easily collected. Studying land titles in Dar-es-Salaam, we ask whether local leaders know and will reveal plot owners' willingness-to-pay. We randomly assign leaders to predict under different settings then elicit owners' actual willingness-to-pay. Demand is substantial but below exorbitant fees. Leaders can predict the aggregate demand curve and distinguish variation across owners. Predictions worsen when used to target subsidies, but adding cash incentives mitigates this. We demonstrate that leader-elicited information can improve the public pricing of title deeds, raising uptake while maintaining public funds. [ABSTRACT FROM AUTHOR]
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قاعدة البيانات: Business Source Index
الوصف
تدمد:00346535
DOI:10.1162/rest_a_01247