Redevelopment of distressed and blighted areas are targeted by most of development policies.However, a number of policies have been changed as the result of the ineffectiveness of the previous experiences, theincompatibility of the development tools and plans, the lack of financial resources or social movements. Large-scaleredevelopment projects have usually been considered as the powerful tool...

This paper examines dynamic voluntary contributions to a large-scale project. In equilibrium, contributions are influenced by the interplay of two opposing incentives. While agents prefer to free ride on others for contributions, they also prefer to encourage others to contribute by increasing their own. Main findings of the paper are that (1) agents increase their contributions as the project ...

Abstract Under the scheme of Japanese City Renewal Law (JCRL), the cost of urban redevelopment project has been financed by the revenue from selling the reservation floor secured beforehand in the redeveloped building. Since the outcome of whether or not the reservation floor can be sold is unforeseeable, entities for redevelopment are faced with the risk for project financing. Traditional risk...

Risk response planning is one of the main phases in the project risk management and has major impacts on the success of a large-scale project. Since projects are unique, and risks are dynamic through the life of the projects, it is necessary to formulate responses of the important risks. The conventional approaches tend to be less effective in dealing with the impreciseness of risk response p...

Chinese cities have experienced large-scale urban demolition and renewal. An extensive body of literature describes displacement through the dynamics property-led redevelopment gentrification. Rising social contestation is recently noted in literature. However, a pilot project Guangzhou introduced an approach ‘micro-rehabilitation’ or ‘small-scale renovation’ (weigaizao) 2015. Since then, it ha...

This report describes work performed on the Restructurable VLSI Program sponsored by the Information Processing Techniques Office of the Defense Advanced Research Projects Agency during the period 1 October 1984 through 31 March 1985.