英文摘要 |
Common property belonging to all owners of a condominium may cause usage conflicts, such as free-rider problems, due to the characteristic of quasi-public goods diminishing most residents' utility or benefits. The main topics of this paper include discovering the relationship between usage conflicts and the management performance of condominiums, as well as understanding the underlying factors influencing such conflicts and performance. Data collected from a postal questionnaire survey were used in the empirical analysis. A simultaneous equations model with three-stage least squares (3SLS) estimates was employed to form the connections among indicators of usage conflicts and management performance. The empirical results show that negatively reciprocal causation exists between usage conflicts and management efficiency. Housing mix and usage mix might be determinants of usage conflicts in a direct and indirect way, respectively. When facing the problems of collective action, institutional approaches and conflict management mechanisms should be implemented, and management performance can also be improved if the social approach is effectively applied. |