Frank Lorne has extensive research experience and publication record in the field of institutional economics, urban planning, sustainable development, and the economics of innovation. As an adjunct professor with the Department of Real Estate and Construction at University of Hong Kong and research fellow with the Ronald Coase Property Rights Research Institute, he travels frequently overseas for study/research visits. His overseas visits include Academia Sinica in Taiwan, Qianhai Institute of Innovative Research in China, and various speaking engagements in North America and Europe.

Lorne collaborates with colleagues and students regularly on projects spanning a large variety of topics on the Vancouver campus. He is also active with community development in Vancouver. He enjoys arts and music, particularly cross-cultural appreciation and celebration.

Recent Projects/Research

  • Megacities
  • Social Costs of Land Reclamation
  • Squatters
  • World Trade


  • “The Fourth Coase Theorem: State planning rules and spontaneity in action” (with Lawrence Lai), Planning Theory, Vol. 14(1), p.44–69, 2015  
  • “The Coase Theorem and squatting on Crown Land and water: A Hong Kong comparative study of the differences between the state allocation of property rights for two kinds of squatters”, Habitat International 44, p. 247-257, 2014  
  • “The Cost of Financial Innovations—A digression on derivatives as WMD” (in Chinese, with Xiang Hai Tau) Hong Kong Economic Journal Monthly, Part I, Issue 445, p.136138, Part II, Issue 446, p.127-130, 2014  
  • “Transaction cost reduction and innovations for spontaneous cities: promoting a ‘meeting’ between Coase and Schumpeter” (with Lawrence Lai), Planning Theory, (ISSN: 14730952), Vol. 13(2) 170–188, 2014    
  • “Sustainable Development and Business Improvement Organizations: Theoretical Basis for Community Actions at the Local Level” (with Martha Welch),  The International Journal of Sustainability Policy and Practice, (ISSN: 2325-1166), Vol.8, issue 4, 2013

Courses Taught at New York Tech

  • Principles of Economics
  • Macro Environment of Business
  • World Trade in Goods, Services, and Assets

Contact Info