以經濟觀點探討建築投資業之管理制度

全文

(1)-t-. M~~A~~~(~~~~).~'~~~~~o¥*~~~~W~~~'.~~&~. .m.~¥~.~~~'~~M~~~~~~~~~~m**~+~m~~~~ID o~m~m'~~~&M~¥~.~¥-~.~.~~ ~,~~~~¥.~*~~,~~o~~~~.~M.~~*~~~m~&~'~A~ ~ r~~:t1I~J r.15i'A!!J! ' -*§!h:'if&~~&~~ 0 ~~······;f:~~~~~r.1 ! ;f:~ ! ;J::~il~fiIf~Hj.r.1M::nlf ' ~~~~&!;Iw'r/~-'ijlJ~!!J! ' ~~~!ifilf .. I ~~¥~r.1. ~~A'~A*W'~~~+'m.~¥~~~~~&'~~m~~iln'~~~~~ ~~'~~~~M~m¥!V~~~&~il~'if~~~AM.~¥~.~~~~§ o.gM~fi~~'iffi~W~~m~~. 'EffuIJ1. '~K1%06MW~~!f}~~!f}.~~M~iH4i~ '.;J::A»iMtPM.firtil~~fB. ~~'~WM~•• tP~~fiW5i~~(~~:t1I~)~¥~.~'*~+=m~~ , IfWM~fil{.f!.1.4Y~JHJj800..rt:~~~fB~ , lWlY¥i~~ij:l , *~+ffiI»W:ij •• :t ~,¥ o*~~~~Iln$~~=tf}r.1' iI~.~mill!!J!~ ':mf~~n~iiW~. ~~~&~*w~1.'~m~mMW~~~#~~~mfi'~~~~~~~¥~.~~ ft~.. 0. .~~*~U~'if$~fi"~~fB+'Hf~~!!l' ~.rt:~. qHJj~*~mtitfJ jfif~fu' ~~~.~rl$&~ft. N'~~~~m~M::.~~~.~~-~~'. 0. r*••~ngWii~J. 'if r M::. .iM~~£g~ r:Wt~~.~~J. r*~mtitfJM::V.~~*N!!J!'IfW~. .~~a~~¥~.~fi'~~~.~IfW*~~ij:l»i~~oM§~;J::~~*~~fi ~~~~*~rJ$~&:z;r~mHl~~IU~~~~~. ¥*~~~.~~m'. , ~fj• •~.~• • '. ~.:mfrrJm.~~. ••~&~~*r.~*(~~~~)~.~.~~~~~~. ,. ~. ir. • _-w ~~~#.~~~~*-. _~~*~. •. •• -**~.~~.~-~. W~~~~.~~.~-*. ~-~. (1).

(2) (2). ~n: ' § Imft ; ffiJ-~$~fI:~fsH~~ , §I13Z.!Z9mm~m~::f'fi ' ffiJ~.1'gJf"M 0 :f£ m~~m~~B,~.~*~~.m~Z~~~m~M.~o *x~m~~w~~~'±~~&~:f£§OO~OO~~~~ff~~R~~,m~~m tlJ:~-g;1'flJ!Z9~ff:f£ ' ~~mJiJ}Hltr~1Itti*ft~1'FJfj , !Z9.11t*!i'l~3MI~~1I~~t-f ' i&1MW1}ZP:!/!!~~~W~ , ~~IJWft-A~rdlm~~lmftfJ~~'lfll ' &~IJWmfB~~~ ;ltf@~R1.ilo. *x~~:tiil ' Mt~-illW~9f.' ~=il~~ll~1)t.~~mll~.!/!!'lfftjlllliilfB' ~3il~mll~1)t.~~m~~~'~~il~lli'lfllfie,~~~m!/!!ll.~~'~~ -iliii*li~o. ~~~.~~~~*~~~~~~~* -"ll~~.~Zmf;l*li.. m.3MI~~ll~~.~~ttz~m'~~§1W~~*m~~'.~M~~T~ '13..JrmmAIt!J)\~ (jJ~*$~A:f£;Jt-~J:j:t~*~$IJ.mZrJJIl) ommm~~~m'!Z9;Jtm~'.~'#fl~~~~.~~~,m~~~;ltiii~~ ~.Z~Jb 0 :f£.ilfi~~~~:lJlJAjlG;t!!lli:1fiIif ' !Z9 §lWlllm:1}~Z~n:~~.*1m ~=T:tis.&3T:tia.Z~~,~1}~lm:n:z.m1'*'13.::f'Ai*A.~Zm A!J)\~W$m~~z~.rmlt, ~~*~Z:lJlJAjlG~lliffi1t§m 0 mPJm~J:~ll .~.~z~m,&~mf;l*li.m~~~~~~Am'~~~.'&~~~~8~ ~~~1re, ~~ll.~jf~7!1iiilll1fi~M.mll*li. 0 ;/i~*J4U~)jU~~fiHffmm lI .. ~mmf;l=.~m,~m.~~.~mOO~Zmll~OO*li.o Hmmmf;ljfM::f'f@~m~(mmmZmll*li.). Ctt1). mmrmmmJ~m@~n~$A~~'Jr.~*ImIjlG~*~IZmmffiJ. o.lltiii §lWvtt;fJ~-limm • •Mrm ' ;ltlli.A~ntiiilllm:1}~ , .~A.RIJ~ iii~ttjlG~jnl>j(ZmA 0 :f£Jltlimm~*~~ififgeMm~ rmmJ 1fiIJ5t~, m ~.m~1Itti*$ge7mmmZJb.'13.:f£mll.~1'~~~.m~~~M::f'lli1' ~~~'m~-~~~:f£~~mm~~J:j:tOO~*~ffi~Z.*mm(~-~zp:~ J&~EIH.AR). 0. 13.1' ~~~Bm.*1mfre ' 13. ~fljJfj rPJ;fU_*J '&filIIWlM. ~n~*Ifj~~* ,mPJ1'~~~ZZP:~RJG**'J\~j£m~~zzp::I!g~* (AC'. <AC). 0. ;It:f£mf;l:l!gOO~~~[Jil2-1m~:. p(ilm). Me AC:iE~~~zzr~R!G*. Ad1'J.U~~zzr~R!G*. -2.

(3) (3). 1. IE1£Il~=i~:tE A I!i~;m (MR=MC). , ~=i1mmmifIJR 2.l'lit~=i~:tE. ,JIt9ifZJ:ij$)!&~~~~*. (AR=AC). 0. B. I!i~;m'. (MR=MC') AC) '~=iffmmifIJR P'BCD zoom 0 mW...t.z7tffiiiJ~. ,. J1t9ifZJ:ij$)!&~:k~ZJ:ij$)~*. m~l'lit~=i;ttfl*mig. n~~g~*(ZJ:ij$)~*mAC'). (AR>. , fIJJf.IPJ.*.*&ffI~fl~. ,~*~~mm~I~Wl'lit,~.~m,~. ~~.l'.'.M1m~~m~~~~~*(;tt*~l'Jf.I~.,.m1m~~.z~. *). 0. ?fHt=iz.:Ii*iiJ~1I~~~~m CDOQ. z.~~~*~.ffUt=i.~~*. oomz.mmit. '. iiJJil'lit~=i. 13.JItml5t.""F~~l'lit~=iAff~mifUR&i.m:l:. 0. ~:tt:lm '~fI~~~=ir&:t~t!f.f.~litt!f.fz.~tABttm.. (Q'>Q). 0. ~mmm~flm.~ml5t.(~mz.m~~.). m~l~mJ~mmm• •~~~'~*ffA~~~~~mw~o~~~~ ~~~~z.M.m.~~~~mm~mn~°:tEJltm~""F,m~mm.~~~, B1m~mmm~z.$~m.'.M,~~~m~~~o13..m=iiiJ.~.~~m mz.~w,*~~~~• • z.#~o~JIt:tEJltm~~.""F'l'~~m~~~,l'. ~~mm~W'1'~~9if.~~~oo~1'~~m~.*'~JIt,~@~¥~»z.. 7tffi. '~mw1\l*m~~~iI)iiJ~Aff~gflJft~~1I. ~~wm$tll':k. '. ~~fi*Z.RIff. '. 0. m.~MW1if. '. m~*ff. ~mj$)fti.~~~~.R.Jf)ZIEmfIJR. 0. ~III. 2-2m7ft 0 P(ftU§). Q: -~I!ifi~ i!fJ!EiUMl. Q:~1}i!fJZAjI!Eifm.m. v·u. Q. 112-2. ,,~>. >. Q (if:JI:). Q'. .',. Rtll.:!:..Ji,ttll. (-Atlc.,*$IJ.~A\). ;tt~*iiJ;fi/:l:HI71tl~.~~~1m~:tEZJ:ij$)~*z.:ligl!i (B) ~i.m. (:liiim. m) '13.;Jtj$)ftillm P> MR=MC 1m~~iifBmlll:lliijJt~Jnmff~flJJf.Iac1lf Z.ff¥f-f ;Jt~iiJ~~m~fl71tl.~~~~i.m1£llm~/J\ (Q<Q') ~.w§Ntm~ 1:}~~It:t:~ , 1£IlmpJ.$/J\m.~1:}~f~:k~7t ' ffl9JffPJ.:k1£llmz.mmlmftJII.. .m.. 0. o. .= . . 1f*,J~DlfUZDlJf.I~~ m.~~7t.~~.~m~~.z.~~,JIt;m~§~$ff:tE7~~~m,~~. -3.

(4) ~~.ilj4IWltf¥.f5&flJmJUffifli. ' ffiifl"?lT~ rifflJgcllJ ZJJl~g~ , jf...~e25& ~fl"mgc ffii1iWliilJU§* IZ9J1t*Xf1E1ftU il9fi!H~MroJfiiJ~~i&JM-=fBt1J~**l 0. ~iff~~~om1f~il9§il9~~~~R.~'W~~~.~il9~~'~iff~.~~. tEi}2Jifl"5&il9tUJJ£rjiff. 0. tE~.~.~ifflJ~.~~$,~~m~miff~m~~~~~2~I~fl~~. ~~W~~,~~~m'~M&jf.*~2~~m~~~$~*'ffii~~OO~~~ 79;ftUilB!S~m2&~lt~~ 0 tEntmiff~il9~~$' ~iU7f§¥JIJ' *$~~lHt1} ~~JU~~/J\ , ffii~~~1fl€7!~~~TRmfl ' IZ9J1t*$~~fJjm1fffjlJ~TR~~ , fflM ~~i&JMil91ftU-=fm. B!roJfiiJ~.jJ.®~~. '. 0. Hmmiff~.m.~2mm(~~5&$2~.). tEmmiff~.m.~2mmr ' m~i$}fti~t1TiU~fiJJU~ii1}~~~*tEAl fl"5&$2~~mfl~.~~(~~nt*§~~)mm• • o~W-IZ9~~m~~~ ~2~tt~Afl"~iU8~tt'ffii~m~~MtE~~'&~.~'~W~~.ffiiB. iBfl"mJUE' MPJ~~.~~M~iff~Afl"fftt~tt1iWlUl* (*2Ji) 2W>.J<M, m~tE§OOmii1}~iinm.~mmmr'tE~miff~i$}~~,.~1}~ • •~ ~ , m#t~/J\ , 1iWlitE§~2m~~~ (_1m 1112-2) IZ9J1ttEJ/tmmJ!~~.~1}~2m:t1!!~~jfrmg5&$ , ~~~~nt*, (l~~m 0. A~~B~il9~~). oiUHmi&JM~m2~~il~o~roJ:. 1. !thD~dh2fff-ttt : m-.:1i~miUii7!~f~~lHt1}mffEl±L~Hit~dh2~~. ttffii!thllttfff-t11 ' J/t.:1i~2K6J!~.~~.~timm~~il931~iU~!thD , l!pm>.J<IIbM2~$~~ , ~J/ttEil~Jiff~i$}ftilf<jtt~~mfl.* ' ~~~* r~ tt~fitlOIll2-3 : tt~dhfff-ttt!thD ' flh!<IIb. AR~ AR' , m~J/til m.ii1}mAfl"mllflJirll ' 1t1JDA~~~~2M~ , fiJJIJ~=!iliiti2.>.J<IIbM .2Jiffr8 AR' ~ AR" ,J/tlf<j~~~*r~' ~~mflm Q !t1JD~ Q' ~JroJ §OOf!!iI~*1f2R~l!~iU.f~m:t1!!~IZ9~fll~IEJ~~~~ , !ttJDmii1}mmm 0. 0. ~~2mfl~TRo. P(ilf§). -4.

(5) (5). 2. ~j'i1jmZtljl!~~~mfJ1z~~fI)j( : ~-.1J;t\~I~JUiUjl!~~~ZfflG.1Lj!ftf , fJ!jI!S:~~zli:ll:~Y , !ttbllmZgJ!Bi~~mmfJ1zmm.>1rffij.*;tt~;m :m~mif1j~* tlIl1il2-4mj$ : .up AR-+AJ.r· ~~:m~E13 Qa-+Qb ' ~~fflG *E13 Ca-+Cb • J1ttr.1wriITffgfJ!jI!~~~~:fr~~~IJf! ' m.t!liiJ~iI;tt-em:b1U. 1§jl~:i'mfJ1z fI)j(!ttbo ' tE~ilif~~m1J;t\*~y~~~IJ~~~zl'~zp m~ • tl[]JItttlilJ~1I-ml'tf!~l»la~9lz~. 0. 0. p(1Jtm). MC. AR -t AR·:.*1l1JjU~0~ 001M~m~TI)j(. 01. \1Vln. I. Qa. ).~. Q(iflt). Qb ~ iti fil )ill. ·1)2-4. Jt ;tt./~ ii) if1 ~ A. &. 1; .ljI:..:t..3lt *. HtEmmm$.~1'.~zm~(~zpz~:lI:). m.m$iUR1'.~1'~~. r ' jI!~~R]mlliz;U~6l! m$J$}fI[7ttfiffnt •. EI3~1'jl~:i'z9i-jilH~ 1lJi:&tiJltm~. 0. , ffii~~7!f~Ktfj~:&m.:i'~mm~ • tiEl3i&:J&=fmJtIJ ;tt1J;t\:fr= : -~9i-~fflG*pgjilH~ , ~-1J7iHf$i:&l!lIlZg~:i'm. mfJ1z~~fI~o. 1. 9i-~fflG*pg~1~ : mruf9i-~fflG*pgjilHt~m~**jI!~~~LljUtffiimH5i:fr ft.ZfflG*llUlf~)E • f9ljtltJ : mif1j~~.*~ " .~Ajf(zli*1j " jI!.1Lf¥ilIl£ *u~ " :m)Emf!JflRI~f¥ilI:&7tNi*,J~ , tl[]JItmif1j1'jlfit:i'z~~fflG*~ • J$} ffg~fi.m:i'I2§~.1' jl. : 9i-~fflG*pgjiIH~. " gil~m " tp~wiJi€tm~fflGl39m~ tl[]1II2-5mj$ • .uP~1'jlfit:i'~fiz~~fflG* AC' m1l-~ AC • P)JI!.e;tt 0. 1'~~ifm~fflG.m:i'~;tt-e~~zm~o. P({IU&) MC MC'. oI 112-5. \M.K." 1\1\ ?~4F ~. Q (if.). '*- ~ ~ {1.:.:t..3lt*. -5.

(6) (6). 2. ~J!1l9I1jtl~11filiff;Jz~db.~ : i&1&~{I!~~~IWRjgl1f-1l9If'FW~~fi ~1f1tji!lWfnR' ~• .m~lt~~mmffl§1t:St*. '~fi~zm.*tllt ,;r:.l3l: ~~J5fiiMltzw*~lEm~~1li9r ' tLDlt~5inlG;r:.l3l:~~zJl5mffii.W.~' ffii~i$fltiflit tL01ll2-6 : ~;r:.l3l:~~J5fiiWltlW.*EHl**JJ\~ZIS:f!;;JRlG*~ (AR' <AC') '~fl5inlG CbBCPb zJl5m ' ~W.~ , ffiilliltiflit 0. 0. p (1I:f&) Me'. o 1112-6. ilt ~ {II )1'J .,.. Q(~1I:). *. Ji1 tt A. ..it f; ~.:t..3lt:llt. EEP..tl:z:SttJTilJ~ , §lili&1&~*tlz~®=F~'. itffl§~f*lI!iz.~~1f~ ~'~~Z~~~$m~,ltifI~;r:~~~,~~m~.~~{I!~R~o *$ID±~~m~~.'~~~~Z:SttJT,*~~~m~.~IW~&~m~i& 1&mWftA~m~~~zW~o~~i&1&~~m~~~IW~~'.1l9I~T*~t~ tL[J~EFA~EFZ~~. 0. mi1it~EFA~~EF~J~!1h*IIZ1j[. EFlIl1M~fl&1fnjtiJlW~J ••LJ£i. '. ~.lWiliIWEBIl. 0. , :tE?B'~~;fi;r:1JDPJ~*tl ' ' &1f. ~J/t1li71f~~*,JEFD. ~EFAflm.TreEF~~*~~§IW!1hIlZ1j['mi1it~EFAfl.~~~EF~*~~~ ®EFll,~~m~7~~EFDfi~lWnjtiJ'~~~~EF~~flre~~~~~.EBIl IWEFll~@lfi1U. 0. @lJtl*~:Jt*;r[~m~~~, §AjIlWltm~~~~fft-D&1f~~IWEF'fi~&. 1fn Ita' ~Jt«.L.~. EBII ' ~J/t~~ 7lflf~ IW r?J.$nlG*J. ~J/tm:tE~ltltm~. ~~fi~~' m~EFZ~JT' ~;r:~reEFmimi~~*jffiJtl § 1W!1h ' ~fFWb!lt:lr-~ ~~tI*U ' ~tL[J.~~~EF~ZfFm-. 0 ~~~tI*,J:ilf!;r:~~~{-tfi~§ EEl!. 0. &m~.~'ffii~~m®;r:5lE~'e.**.~IW~~~7~lE~~~~ltifI~o·. :tE*~~~IW~~~'~7.~§~m~~.lWm~~~~i&1&~.TmlWilJ ' -E!t87 PJ!{t1JD~db:fffttE&m~1l9I1jtl~~1:},~iJZ~db.*~n~ , *. ffl§1!~~*. .Jtlm~I!~~*. 0. ~?J.~ilJ§liI?J.$nlG*pq$f~*m~JJ!1h~ImRzdb.. ~J!1l9I1jU~~Z~dbW~. Ji.. '. , *ltifI~;r:~~~~. ; §Iii. 0. it 1J -it jf 1t.tJ..t OC ,p, ill. ~JJ.m~mZ~~ffiig,lt.~~~1liI~~ftrlW~afi~'EE~ili~*ft~1! ~~~~m~~,~oo~.~~~.~a~,:tEm1l9lm~~MRiI~~ID.~.±mlW -6.

(7) (1). m.~~~'~~~~~'~~.B~~zft~~m*z ••~*om~~~~~$' EB~,uzm. ' 1f3~- •• R9~mkl~ '~~~~I!ltmzll.~j{~ (~ ~3-1) ,~~m.~~~~1f3~~'OOR.~'~.~*~~~~.~•• ~~*o ~~~-~miliW*~W~m~~~m,~~m.w~~~~#~,*~~m~* ~ff~~~I!OOR~7M~~m'~M~~~,~~~m~~~o. OOB-: •• ~~~' •• ~~.~.'~~~M'~••~.M~o §~~~$m~Z~mj{*.~~~.m~~tt~Z~.~=TliS.,~~ftll. iIf~*.Z~.~=:'TliS.7C'lIt~*.~ftm-fl*fI!llJft~flz~*ffjj~,.~ ~f~ 0 iSl.l3.~.z:ii* • .1:J!~iH~i] ~mt~.ft:Jfiazf;tRPf$f'Ff&m ' ~lIti!li$lJ:ft1Atl'1* ~,j{~R~m.'~~~"l'.ffjjm~.m$~~Mo. .I3.•• f5~~*Iil~*'ljf~' li§~M '~~IUl' p). r~~.~J 1J~.~lU!i!~ , t±m:~F~ffjjl'~.~ , -i!li$lJft1Atl'!lf ' jI11f!!f$l'fi ' ~~~tl[]1tJl$~mfQ~~.~BI , ffjjjijl&1H~lJM~$~ 0. ~~~m~~~wm~~.~~z~~.I3.-.Z~~~m,~~~.~.~~"~ 1'~ln8. ' klif ~fltMm.. 0. ~3-1. m. m. •. 81. P9. ~~.f3t • •. 'Ifl. l.~:;f;:II!U. ±1:i!!lrxf.!J+.~.m+m'-"'1l. 2. 1S:11::11!. iIi:;f;:II!f1+ml1l. 3.IS.m 4. IS 1!fm. iIi:;f;:lI!t/!I+• • iIi:;f;:lI!t/!I+ M1!f. 5. 1S:11::1S.11! 6. 1S.1S1!f1l! 7. 1S:11::1S 1!f1l! 6. -:JffF.II!. iIi:;f;:mt/!l+m'lJ+tfB! iIi:;f;:mll+tfB!+Mt!J iIi:;f;:mu+ m.IJ+Mt!J iIi:;f;:mU +mJ11+ ft. + Mt!J. (~1ftftfAfr). -. lit. .:t:..* ~ ~. J6. .. M. f1i-lIt'J,II!I!II!t1}ii]'&11lA.'". .~zmu·. f1iiT~f\:Zltll!t1}ii]':R1fml1l 1i'Hfilt~. .,.,ZIIf.t· -lItWi!.!&iUfZmll *l!!l!Im 11Itf1i~M••• *M1ftf1itj,m iT8A1 IIUitZlI!t/!Io 81-lI.11!t ~AA!Wl!lIlZ.tf.5't R• •1!t iIi• •1I!t 3;:J!f1i*mUtZ.Il!:1}ii]B1ItW tm:MI• •II!t,:;t2jS~1!1!t ,:;t.:r.1I!t _~j;;!!!lil:JliZlJftfl. ."*ii::;f;:fif~Jll!I. OOB=: ••*.A~~.'A~r~M.~AMJz&~~~.o ~.ll~~.~zm~~M~~$~~,m~~.*~~~~~'~~~.Hm~& :It~*, ,Ummf!!f1J~' .l3.mBlmrp)'~.~J~~IWU4~.I!1J~*~~~*. 0. jim. 1'~ll.~.~ft1Atm*!,mJllJf5t7*:It'IjN:!ltt~~t11Hliklif;ffjj~ft1At1'1*~3(-~7 z,~~~-~zft1At*~o~~~m~.~~~~.~~.~,ffjj3(~*.l'~~.m. ~~n**~~*fi~z~~$~o~lItftf;t~~~~~~M~••~~*.~~mf!!f 1J~~mflt'Jg:~M ' JIlJf5t&,rJ ' ~m~.~~j{*z~ifilJ~~l'il&.~ , &.tAiJIt 0 ffjj$~Mllm~*DiJJz~.. ' 3(!I~W~zmm ' t±:Pffjj,lJ~ , f!!fll~i'ili~mfl -7.

(8) (8). ,ft~~.~z.~~~±~&m~ffm,.~~g~ft~~z.o. ~3'e~~J1:UIM:JJ!zlJjU~' .m*:tE~m~.g;t\1'.~ ,JtIm=tf1lW~m}jUlli.~. =tfft1'~.=tf,~~~~~~~zm~o. ••~~~.,~m.~.W~Ro. ~mE:. mm~~~~m~n~,~.~~~~~~~,m~~~*~1'~*'~z~~, ~~m.~o~~~:tE~.~~$,JtIm~~~~m~~~z~*~~s*z~+ft~. (H2J. ,ft~W=tf~~$~~AZ~$JtIm**o~a~W-~~7~~*1'~.=tf~. f'ljI.~. , 1't£~~m '. .~tm1J. ' ~~-m~J(~m.5'i- ' ~~-.j£m~=tfft.m. =tfz~~~.~o~m*~~:tE~.m=tf~Z~$~~~~.~~~,:tE.m~,ti. , ~iI~PXrtJ(J• • ~~ : (1)~IINI:ttl~~P3~ , (2)lilfHj::tl~~P3~ , {EIAIW~f.f*!B~LI ' (3).Bf.f*!B~LI ' {fl1JJ~~7m~m~tt&~$ ~:JJ! '(4).~.Bt£:tlPJ.t=:lJi ' ~f1§~~ffg1J1'j$Jfjj~~~~¥Jt m.lWii~!!nm$ §mrjl~1:}~-IIllfY!mz7E:grHb~~. 0. ~:JJ!Z1'1:}~,~m~~~iI~~~(H3J. :!ij5'i- '. §mrmmoo3{[t.I'U~1'-. 0. , tL(]m1fJJ!m.m~titfitimJtIJ • PJIfiJL\$JJJltIL'*. .oo3{'ffi1'~• • ,~~,.~zoo3{;~~.~Mm.Jlt5'i-~~.'M~fim~.. , oo3{it• •m~titmmJtUZ~.n~~* ; ffij-.mt§t1:}~JtUPJ.IL\it. ' 1'J1JDAI3J • .t~zit.~~*;:!ij5'i-ft-.~*~1'~~1:}~t§t~ ooMzmmooMit.~~m1'~,~~mmooMit• •~~~mm • • ~ffi.*tJ(J~.o m.m.=tfJt~1I$~1r77!f:~78!f:.t~fH~z.m~~Ri1tit Ci:t4J '.m=iftm~ 1:}~ .!§~ft~tJ(Jr&iJmRi1t*tLIl""f~3-2 : ~,~~,1:}~~ooM~,. ~i.t~a] ~*li* r..',1!1ii. *-3-2. l!. lilt. ~. l'¥.I. ~. ... m. ~. z. ~. l$j. 1.l!IIlt~l'¥.I~iI~m~l'~m. 2.1JIIiIabfll'.fit 3.•mlitabWJjj{lIltffllJl'€i" 4.•• :f!!i$~m;tGRfftl~Z:f!!i$l'~ , 5. ff1lVl~ilHI~&l1 6. JI!rf.~il*~&l1 7. U~il'jJll1iiliil!Jl!.I'i.# • Utli!!:l!# 8. 'R!l:~M} 9. ii&ilJiftl 10. ii&JlIlIIJ. n.-lnN. 12. M1iJll1iiliiMftI 13. •1i~il'jfJ!:n~ftI7'\-Z~. 14. ~~1i1Jlli~M} 15.••z.mI@• •Jjj{{1,s~~m.!b. 16.•1i~i'Ij~l'illHif.mEB • ~;;j( • .!I~lflft. *'. It. -8. r.l1. 11.1. Iii.. $. f4. 42 87 26 30 10 10 19 12 7 8 2 8 5 22 2 4 294f!J::. E. :fr 14.38% 29.59% 8.84% 10.21% 3.40% 3.40% 6.46% 4.08% 2.40% 2.72% 0.68% 2.72% 1.70% 7.48% 0.68% 1.36% 100.00%. It.

(9) -6. ••q::?! ~a~~~m·w± • • v.~.G • • ~ • • •a=F4(I l ~~.~~v·w±~mt{y~ • • a=F~ • •a=FHi!fiB.ilti3U} • *'.~1~N:r.1•• ~iJJ • m.~~iB~aB~.~f'li• •&=F 'r ±lIr,*~ ~.N~iI~1I aBilfili:!2i!f.U!N~if' ¥ :MW :5:llilrru • 5Uti:g:giBllKtHi Ii ill .S ill r,*iB!I~IiWill:z;r.I!1JtlIt ' 1£ • -±iUAlUt.JUllIDifill 'J' l &tilfWjj':jJ, WA?i¥~N: lIi!~~~.ifjll'f: ilR~~~hIUfjUlr,*i!i$i!:i!f ' IW iff·.~~1i~if • .1iU~Ml-Illf}j.lW ' Ii~W l :FH. ~.}gr,*rE.$i!:if• •f'li ' ;;: ~±·.~w-·N.r~N:* • • • ±~ ·iI±m • slzG±&tilf1l1i • ~.±lIr,*li)g 'r 1f:F}*\iMi • tilffethfifjll :;;:ilf.rJ :MW. ·. iI. Il!l*'. ~I. .a 1m f.rJ ~. it # it. • ill. • • • •Nm±M• • • • • ~~ • • w.·~.±~.~.~ ·:lj.!~~lJI*~~lIIJlIIJ ~M.I~wr*_*~J~H • • ~±~. • hi.2Ika • .Nij.~ilPit~~.)g. lll~.iJ*v. 'i¥2I'f!g;,!l~a~~4(lm~. W&.¥~~·~~~.~ • • • • • N~ • 1}'!u"~l}jj • .rli!!H<fi • fi(iJ~N:1ilf~ .~~.:lj.!.-{flm 'r. ~. • WJfl!.~5j;'fJ~.-WV~~ 'f:. l ~?i¥~inl~N:i!i $i!:if:FJiIi:z;r2l!l'~fgG~.·-. :MW. -{fEr.1i!i$i!:i!f• •N• • ' =. *_*r.1J. Il'I. II. ~. ~v. ·.if£~t!Vl:N~r~.im • ~;r;JN:v·iI'±~ • • •. :=ilrru. iI f.rJ ~. -l!f :lj.!. . •. ~ ·*BmWlf r • .N/3J!UgG~if-{fW '(I • •1I• • ~·Wfil-~tP. • ~m.:lj.!.fgG 'I ±tiilf~• • ·~W±• • i f,f :MW : -1l'If.rJ i. ~. fjil. f&. M. W. iI. f.rJ. tl1. iff. o. E-E*~1tP¥. • 'BM~U~~W~~~~~&~~~~~~~~'B~~~¥~~~~~~~ o.q~~~~&~~m~~~.~~'¥.*~~m~.&~M~o~~. •. !B¥!~~. , i!J'±q'J'fi;1-@f:sj1:Jfl}iiff. · .ji~3ilt~~~.~0'~~mm.fi.~;amJ.. .... •. o~&~~~~mJ.·~~~~*.~~'m~~~qy~. .a~¥~~~~M·~~~~.fi~.~~~¥'~~~~¥~~~~N·~~.~~ ~~~~~Mo~.&~.fi~3iltM'~.&~¥~~Mw§'~~.a~;a,~~. oftf~i£aJf~~inl1 ' .*~~. '. ~~ai¥Jf ¥lIJ~~ir*lS~lS~~~~~!=fIN~ 0 fW~~~Y;15. • r~!¥qy~~~a ~~~w§m'~~.~'.~~~a~~:sj1:~~IDo~.a~¥~~~a ~lS~. ••. ~~~~~~~~~~+¥~~~8M~~Ho~~~~-~~:sj1:¥~B~~~~~'. ~~~~~~$~~~;a~Mi£a~~~§'~~i£a~~~~~~¥~~~~~ o • • B.~~~.'.~~. o. l1*~.~I!i,W~Jf. '. •• M~~B••• ~••~~~:~.~. ~l1*~i!J'±.9ttI!#BrrJ~#if*Jf. tJ\fai!f;a"I1rrJ~.~';fi~Ml~~~.iI. '. '. !liH~{!¥!%69'66Y;1~. iff~l!!~6-E*~. (6).

(10) (10 ). .Jt ~ 1- .J.!~"!.:t.~it ~~;fJf -'~~0~z~~~#~~~~~.mzm~?. §lW~~0~z~~JUJiItiJ~tR$rtri~~!f~a. '. ~~0~~&~lIIIff*IHsJ!~. ,~~.#~*o§lWff*.m~'~~~~~~~~~~.=Tlia.,~~~. ~rtri~*m~~0~ff*• • =Tlia.'~§lW~~-~*m~.~~Z~*' ~®~• • ~~~'~~~~~0~~~*~~~,m.~m~.~~~o~~m. ~~~~®~~.~~~~~~'~m~.'~~'~~~w~~m'm~0~z ~~~~~~~®W~AAz_~'~~~~~Z~~'~~~-~~~o (m~). p.rF:fr)jtif:Em:f;jm~, ~ifGfi*.' W~AAz_fJfti ' @3:MA"fimz~fJfU~ ~n~'~ff~m~:f;j~mz:fr~~~~o H.:f;jm~. 3:Mm : 1. .:f;jm~zft~m$t , ~f1H3 m@tRliIfIiIJ ' PJ>j<~~zrd:l®0ZJi1i 2. ji*.~ifiif1i ' lI4m.Jtt~.fIJft.R ' it §iWfi*.m}J!.RVtt~~~ , -lR0~Jt~a~f!DIIH'FffEm ' lI4*i'~lftf!.~~it~~"rflilJ 3. W~AAzm}J!ti1.~~Vtt~~~ , tl[]W~~pfim}J!z~OOi~ff~~m 0. 0. ~ffii*o (=)~ifiifi*. ~m. : 1. itJ&.JJlmmJQ.lIz~* ' ~f~&.~j1*'~.ZJJ\~ , ~ft~f*IfJ• .m :i"zffi~o. 2. § iWe~m}J! , f'F~J:N~m.. 0. (::)• •Aft_fJfU pmnlW~Aft~m~~W~~J(ff~IIH.z*.f§IIIIW~. , tl[]~~ .. ~m~f1J. '±*'~~~.~A~,~~~@~f§IIII~OOijimz.~Afto. ~m. : 1. ~7t~~0~ZIiWftg:n ' Sff*~ft~Jt 2. ~:f{jIBHT~tl[]W~J& ' ~~OOi$Jfpfi ,1:"rtlllll (tlOiffll:!l-' ) ~~ftglfa~3lIf'F' ~ifii@W~~ 0. ~"rJl;. 0. (2Y)@~Aftjim~~fJfU. mm@3:MAftjim~ililJ~m0~~Wz1:~ff$~Jit.A. '. !I~~11~0~. @WZ@.~~mo. 3:Mm : 1. 1I~0~z3llf'F~@:fM~ , .~~~.~:f§IIII~mZ@~AA~ngfm ~~iffo. a.M•• B.~:f{jllllff~~AA®&A'~~Ii.®~~'~&• .m :i"®m~o (~.m~). m.PJJ:z:fr~. , n~=mifiiji*. ' -10. n~=W~AAZ_iliU~n~~ki~A.

(11) (11 ) ftfff&~fflJJ~. , Mt~Jj~ , fifiP..MlOflJ! '. lkRJmll]fI}€rm~. 0. n~-3mEBAltU~;f:tU~. *.zft~~g,~m§EB~~z.~,m~~~~~§$~fi.~~1'.~m~. z-. 0. llPl§$*~. , IEm1}iiJ::killHtfl*ItJ$}BSHII.n-f-.Plx., (itt5). ,~. ~iiJ~$-~~fl~.~±*W~AftZ.~ofifi~~~~w~~J!~Zm~,~. IEm~iiJ~1'3!1iS~~m::k~~.. '. ~1Jnx.~3mAftflf&z~*tl. ' J!RJPljti!/j,m. m~iiJ~1'~~~~ft~~~~m~~,m~-~~,~ft~1'~~~.OO*fi~. , i!f.fJ~mIU~~ , ~~.m.~:fI~. 0. .?&n~-.fifmt~ZlMEBtp. , ~¥tlf(. *1t&W~Aftm~,~*~~m.'lk.fl~~~,m~.~~fix.~~e,~. *~~.~~~~~3m'BRJ~~m~~eollm.*~W~~~3m~z~~,~. 1Jnl!~~iiJz~~J!{tf '~.~fflJjmmjJI/j,ff]1'im~Z~~~A*fJ~. , ffii1lt!:ftft!!. IEml!~~iiJZ~~~~.::k,:ft~~mm~RJ.~'ffii~~mm~~z~$;ffii. .~Aftzm~~RJj!jJI;;'$~*~illH~z~* ~~M*. J!'11. 0. fifiPl~lMAft:ilm~fflJj. '. Q!I:~ §iW-~m!t!!~oo~~w1'. " :111Jn.~Aft.ffilJ '. &:il*ltzm~B~:ft&,. 0. =. " 1t1!.:Mt:il~JJI~fii1f!1n~~lM ? ~~~~K&*Ult ? ~m.~gff*ult ? ~~1}iiJmm::k/Nf!~' *IU.&~~m!f'\HmI~' ~~lJ{§~*1'-' llflelA~. RJ~.m~~z:Mtf(~ft,. • • ~~~~~~~m~ofifi~~OO~WlM• •. '~~. RJ~~n~ii!i~~~zn~m$B' ~~~t!(M~~m.~gff*ult, $~mr1f~Aftii!i. ~W3m. ' fifH'~t-t. 0. (m~). (-~~~~n~W3m. fifi.~~n~, • • • ef(*It'~.~W'~~.ff'~.~~~~~. '!mfl5t~ItJ!'n$ili. ' :ilft~$U~:Mtfllmftmm 0 f11J~nRJ~m~~iiJJ1J~~lfI " Z ". ~~~'lfImRJmm".5t~mmf("fl5t~ItJ~~~~z*~'Mftmm1'7 ~$U. 0. z*&RJttf¥mm. ({9Jj~nwmm~3m~iiJ~!'n). lOOp zm~~I!*rI '. , RJ$:amff '. oo~mm~$U5t1JGPlr (PlIOOp{±~1JU3·tH".). ~.~A~~,~mmm'llMft.m~1iSI.JG~r' mm{-tjf!J~. 0. :ft~~z3mEB~Or. ~. .ij. • •$iIi~:ft~~~Q!I:~. 1\. 0. rIj'm~::k.J. z~ftm~, ~. ~'~fIJ1iS*~zim~ft~. 0. 3. ~~~~ 'tm-m~iiJ Cg.A~iiJ). ,~~~~*{=r~1:.fiffii.~. it,mJf~.~~J!~f¥~o. 4. RJ~{J;~~~mzJJ.~ , §iW~ff~~iiJ1#~~~~iiJ:Mt:suPJ~ • Pl 0. ". L .~. 0. 2. ~~zm~~J!~LI:!ifWlft~ , ~:P§$::k$~fUliilJl~Wl.fIJzfJ. .jf~~m.. i". i. :. 3mEB : l.1lt!*fJ~zMUfm!gJ!~~~ '.i! {J;lmftzJJ.~. RJ~JlJ50""'". ~*~~~$Jjltm~. , ~~~~.&jf!Jm$z~.. .~mt~iiJz~.~f(~ft1'w~mo -11. ·~. I.

(12) 5. ~M\1~Hi1fi!JJ!t ' J.t~~11J~~~~ff~ , M.m~~~~HH ' ~lt1'.m ~~o (::)f,RmV~}f$1fiuJ!t. :. PfimlmV~}f$1fiuJ!t ~~. fU:fl-m~1tt.JjJIij'. "j. ' ~~J.t~~?t~~®fH~:mJfHI9NJ!t ' ffiH!.mm~~. , &.ff;aj(~~Bij'®~~. 0. ... ~...t:ilf!*J.t*~P9~1fPfimfliU. Pfi PJ: 1'f,R?tit*,JJ!t::J::)i9~:11UI[~.J.t~~im~M\1*z. fIT. ' ffii~W81.oc5'll 0 ffiif,R-=f fjli~'J\;Z mVfIi!JJ!t • Ilm;f;lft~ , § ?&~lt1'.m~~ 0 ~~[J::J::tN.III1J.t1l.mJla2:. ;1. 0. 11-iij${fS! rJEJ. *JmI'tiilG~11ffIlz.~£~1fiUJ!t. ' flifli;ltmV '. flm.m~.~z.. j(m'~~1'~~~~~~Hffii~lto. 3!l!m : 1. 11Jj!ge.?tit*,JJ!t~UM~.:h1B11Jfjgim~1'11-ZJi;m~ 0 2. •fre$?t~~z..ocJ.t1f1fiU.~ 3. J.t::J::1ftillll1ffiiB' ' mV1fiuJ!t~?tit1fitlJ!t:(£1f3!l!f'F~...t~~~ , 0. m. jtft~. o. (:::)kf3A *jl~1f3!l! : m~Jl~~j(~~Vjl~H~~W,~-~~~m~z.~~~a2:1fVjl.~. *~rm~1i::~. 0. §lW*Jl¥:(£*~~1f3!l!m~U~lE1jr~®mi5't:f:tt!1.fI$U. ' Ma2::lz:. ~~INz..~V~.,;lt11J~.VJl1f3!l!'~~~.'±~MfS!~~5o~~. ~~11JMJl~~.~kf3A*~~1f3!l!t!1.~-~~~®n~o C~IUIU~). mPJ:...t.::.n~®3!I!m?t:ffi. ' ?t~1fillJ!t~fjg.mmftff~z.~*~J¥ ' .fi1'.m. ~~z.~H~OOoffi;lt~e.~m:(£~§lW~P9Jla2:11-iij'.ffl*1f~~~z.~o. ;g?tit1f3M ' 1fki7~W11Jfj~.ocJ.t?1- ' i&JM~~ofiiJ?t~ ? ~ofiiJ1f3M ? ~~1f3M~*'" M\1ifli'~*1'~'ffiiim~1f1fiU1'~~®;m~?~~~~-~~~offii~A*~~1f 3M,m~t!1.1f~.®~~11-iij~~~~Jl~5~m~~• •Jl,m~11-iij~~~*. jl.z.• •~jl~5~~1'~·Pfi~;g~ft~1f3!l!~1f~~~e~~~~offii:(£m V~}f$fliUJ!t ' m.*iff~~~3MifBz.~M ' ;1t~r&:~mJBU~=iPfimJ.tz.im~fI* • ~1'.m~=iPfimJ.tz.fI*.lEm~=i~~'~~~~ffii~1'.m~=i~.~lt,~~ .~im~fS!1mz. § ®. -= '. 0. ~~*xJl~11J7tfff,Rm.~JI$1fiuJ!t1f3M,itUI. , M~n1f3!l!.ll~j:jn?tit1fiuJ!t ' J.t~=ill~ofiiJm~fjli!Jz.~f!f: ?. ~D~MJ¥.jl. ,. ' ;g~*1'ft. J.tff~z.fstJH.j.M~fj~~m. 0. mmm~n~~M\1~Jl~~.~~~fst1m®m~m~z.-,t!1.~~~,.m=i. ~nli.;ltW®-.n~offi~t!1.~m!JMJ!t®1'.~'M1f1'.m~=i~mm~n ~~• • • ,~ • • m~S~~'fim~~~ili1'.·j:j~~~H.~*'~.H. • •$l. 0. ~J.tm~.m~1'~®~=iJJ!{~fiiJm~fjli~z.~f!f:. m~.Mo. Cfftl!l!J . (-)~1fiU~=im~z.i~{tf. : -12. '. ~Jl:lz:1f3MfliUJ!t®-mJ.

(13) (13). lItm~iZ.§(f9. , :tElt.Rtr.~iZ.~:lf::;tfiUIJmM.1'=lf~:fe*fJ:ti~fJ§! , .~1'~~:lffUmmfJ:tiA:iififi.fi~ '~&mfJ~~iZ.~,q~ ;JtmfJ.fttm $U ' ~mUlfi~i3JmfJ.fttBd~IHi1'i3JmfJ~~ftt 'l£7tMtt.£Or: (ltt6) 1. Ulfi~i3JmfJ~ftti3JfiE~m :. 0. (l)~:lJnA~lI. 0. ®~l&#HI.~OO. 0. ®~tr±i'tBPJTtr.~. 0. @fJifJ iZ.Jtij!ftll~k~fH~.ltf. 0. @mfJ.1!i~If!~o. ®~ltmIU~~m{~~~ (JItt~r-mlMll~M). 2. mfi~1'i3JmfJ.ftti3JfiE~m : (l)~~~.Atr~~,~m,m~~7t:lfo. ®~~I!~1'*:lfo. ®mfJ.1!i1'.'~~'.~W~.tr~:lf°. @jlDt~$UW~tt1:fPJitr~:lf. 0. (=):lJIl~ §iWij!.I!$.~~(f9R1~f*D*,jJ3t. :. ij!~~$.~~(f9~~,**(f9§(f9~~~~~mfJOOIl,m~n~~n~,. m:iifi(f9R1~f*mm~~~1'~,mfJ(f900~~~ff:tEo~lIttrMRI~f*miZ.~. 5&~OfPJ? ~~OfPJ:lJD~WG1lJ1E (::.)ij!~mfJf*m~$IJJ3t. '. H!~-?P~A~M. :. pJTilmfJf*D~$UJ3t. '. ~mJlili:tEmfJlW~!i~mfJ.~mf;Jjt-lt{?lJiZ.Jtm. ~;Ijt-~1EIIIR (~Dm~fiJf~~*). t.£O~Jf1'.li! .~. ,. '. 1'rtit~1JBiI~11I.. '. W~7£'~iZ..flJtmWGM.. m~m3l~mili. 0. 0. JtUmllt~1EIIIRfflGnfqr.~Jit*:iifi7~ft 0. 1It.*,jJ3tiZ.f§I!i~Dr. 1. ij!iIi[lg~Llf*m~8;tfBU{J¥p '. '~JlJm§!~~3CIU~' tftrB~*,",m, tf1ftt~~B~. , JtU~3C§!-~~ , W;mf*. :. ~.~M{I. ,. Jlttll~1EdbJf1'.li!:&1'ft(it~. 1if!iI~R~(f9.~o. 2. f*m~*;a.~*VttIfJiZ..~ , ilijl~*f1jJ:fa*(f9ffiH~. ~3C§!~-1fXi3Jm1@UIIUI~m. '. 1'*~~ij!. 0. 3. :Eij)Jm.~jltl~*~lIt~1E.«4 ' JtIJ~:lfplT*!3CiZ.f*m~ , ~lI~~*m *iiJIliZ.fIJ,~J&A ' ~DlIt~fliZ.Mf1jtr4H& ' Jltti3JfJE:ii;JtJJJfi~I'J9R. 4.lIt.:ti~i3J.~tl:lfW.§!:lf-tr*'-fm ' h1t:iifi7*f$Wf~fj~ , Wi~!!:ti:tE M:1J ' ~rl3'J:(f9rJ5!.' ;tmfqr.~Jl"~7*~~~~' :Ei~7*~~ , W:iifilID Wf,~lIt=~m:iifi'i3J.~ft".f1j(f9 • • o {!~l~!It.:tiA~~III'J9~mfJ iZ.HJf~-fkAiZ.~~fi~ , tii£tr5&:lJUj)J~ *,~mili~~.:fef*m~:tEmfJ~.~~ .. ,~~ .. ~~tl:lfiZ.Dt~'WG$7t 0. iZ.tl:lf1'~~m~'~~:ii-?P(f9~Mo -13.

(14) (m~iUft~). W*~~~~~m~n~~.m~~M,~m~~~m~~~~m~&1'~m ~®I\&*tl~1~. , ;!ttp~~Rf~t4mt:tfl~m~ , §iWB1fm~ , m.;!tel\&*tl~~~M ~m*UJ3t&'~®~f~ , m.~.~~~1t1t~JJ! ' .~~mj:t:~I\&ffi!j.'flf' .ic~~ ~~~~~.~*,~~*~~m.~~~.~Zn~,m~n~~~±~~ffl~. .m~~±~m1f.'~RfD~~mtm~'"D'~~(~~.~)~~.~~. &~~~~~£'~::Eff.IMJ.~. 0. ~ffl~=:tJ[]l9i §iWD~~~~a]®JfI~~mffi!JJ3t. ;!t~§iW1ml9iffjtJ'l1m~. , .~®lI;tftil1'~ , RX~~1'~lf~ , m.~*JJ!~ ~m~N:Jf~®ff~• • n~II3'ft ' ~O~?t~*UlJttp®pgRi~~~m.rWtJl$*UJ3ttp ~~m®~~,m~;!tm~~~~rrJfl~~m,~~*m1f~~• •~~. niM '. *••. ~, 1'~§iWEE~m~~~~a]ZJfI~~m~l9i1'ft, ~*~ofiU'II3'ft{)3~~M. ~DJi:m~~m~ffjtJJ3t. 0. ~. , m.;!tt!19~ ~fflG~~~~~~m. ~:tJDMl9i~®~jt ' ll;!t*UJ3t~iIH'f=~~~Jl1M~. ' pJl tJ:;!t~fr'/11'~ mtJ:*JtD.mMp;j~:tJ[]m~Z.1~ , ~1M~~N:flMH'st ' JU! ' '. .~~$:9GWifBJUJ~fii~~~~.®ffl~. 0. '~1M (~~.~) ~m-Jl~.~.~' :RM~1J6!M~~I!I!*,JJ3tMl~liWTJfj~m1M. 0. 1m ' 6!19*,Jlfm$Z~~H~1M~~~ ?. § iW ~lBiZ 1M ~~~~~1l EJ rrflj~ffifffjtJlfZ~~Hr;~~ , .~1lm-1mm 7M ~~p;j~zmJ!'I1&m$~* ' ~ffifm-~fflGDiT!JU.~~!!nm$~*Z1'~2Ji ' ~• • ~1ltl~ , PJltJ:t!~JJ!*Ulfm$Z~~H~~~~~~t'~M 0. (ffl~). fiJfm!I*,jlfm$~~H~fM~~~' ~~EEi&}f,f.~-!t=tI$®1M~fd~fl~' ~m ~N:fl~~~.~1l~ffl,*~.!!n®tI~o~~~p;j~~J!*.~~~~mjM. ?tMM~~'~J!*D~~*~~~mjM~RXIm~J3t;~1MM®~.~'~~tp Slf~~p;j~R'~~~R,~~~~?t.~R~'.~~~~~fflG1MM~.®~ ~. ; llJj~Dft.Jl$mm '. ~¥1J1I~1JllRX*~:tJDZ?t.. '. :R~.J3t~~U:tJDm~. o~~lii&}f,ffl~~lftl$fd~MIff.~ , J3.10'fd:~*1ft.~~rsmi&}f,f~:fflz. $~~ , ~O~fd~~MIPrJ.~. ' .~1l®tI~EJ?&~~¥tl~. ;!t~.m~1ftJ: 0. r!i.n~:. ~~$~~~m~~~'.~1lZ~ffl~~: ~n~~ttJjl9if!itltHJl~®~JE. '. {!3.~*~~fll§.IHffm. '. ~~op;ji&$~~. ~68~'I'~f1P~~I1J~J(Jl~~®fB*' m.~lBi~1ft&~::E{)3fi~~ffl~~. (=)i&JM*u~tI$~~m~1l~~. 0. , llm~m~m1MJ(JlZ~~fH~~~~m:9G~.mi. ~:. ~.m~~*l9im'/1Zn~ *1Iiflj.~mi~. , ~~~Z~~H~~~~m:9G~. ' PJltJ:~~~ , ~~iltt~ffltl$fd~fiJfm~pg~ , ~~~~1f~®~.!!n. ®.~o. ~)tJ:!!JfI!4lJ®n~~lIJ~~~ffl.$~~H~~~ -14. :.

(15) -SI. i!~J]q:*:tlfr.1' (0 ~~;l:f6~nM~ ';l:fOIs£flWmaf) ng'?n*,ij:!!J!~±¥fi! , ~.m!~l£~:tlf,ij:dilJ&~B~~ ~.;grI<tM.1i:z;ri!ii'tP,ij::tlf~ , .~ m~. 0. .~~~I~Ui!~~W~'~~~~~.MUi!~~'.~~~'¥fi!'~W *;g-~~~~~~~~.W:tlf~'~WW~M~±~,ij:~~~¥fi!M~±. ~.R~W~*~~~~¥fi!~±;g~~ o. .~M¥tl±~~+.f~. , ~g~Jiiffi{&~nq: , 41lJifJ~~~ii. ~,ij::tlf~'~~l£~¥tI±~~~~:tlf~'~~~.~Ji~fi{&~S~~~~ Ji~fi{&~~W;g-~~~~~~~. °tlf1it:fM:r~~I8:JiifW. ~~~~~'~~M~~8S.LM~.~W~~• •fu:tlf~'OO.~~.~.. ~~~M~'~JimW~~~~¥fi!.~I8:'~• •*'~~~~¥~'~OO~ '~~~~~~S~~~~~i!·~~~~M~~~~~.~~~~~~W .~~~ijl.t~:If}~!&Ui!H. '. (~~). °Dili!Mii.~ml£~~~+.fif. W • fim~~~~~~~nq:MIl~~:tlf~ • ~1l~~'iIHiJ~'. ~~;ij:.. !i!!!J!WIif$. ~~;I:f+~W~~~~~WI8:~~~~~ID'~~;l:f6~IM• •~iim~~~m' ~~~~~~M~~. ,. ~~~i!~.4iH~~~s£. ~:flI~~tf~ifrg~~i!. '. ~~M • .5!~1Il!fAI!!J!. 0. 0. ~~~.Mfi~H~~~. , :$L~. fi~HMJi!if¥~;I:f-:rnq:~. ,•. R~~.~~,ij:m.~'~~.~.~'~~.~M~~~~~*~~-~§. l fillH~~~~~Dq:MIl~ , If Il~. o ~ItM~±.~~i!E~4~ , ~ItMU:ii~m~~~~~1it:f,ij:~4~~:tlf • it~ng~~4~~• • • ~~i.ftS~4~~lti~,ij:N~~±W~lli~.M~;g~. ~'~~M~lli~.W~~~~.~U:M~Bm~~,;g~~~~~~B~~'~. U:.#~*~W:r¥f~'~~~OO~~~·~~~.It.M~lti~~~~!&~~. &~. , .~~:I£l*~~. lti~.~!!J!. 0. 0. tlf1it:fWitn~~~~~~A. ~lli~.M~~~-;gr,* • •. '. • if.~~~.I8:~~W1M~~. ~±~liLt~It.~~. , ~illl~4±4fB?f. :r~~~~I8:~~.~M'~lti~.;g~M~~~'~~~M~~.~:rm~ (ibl~.~). olJ,ij:. Utim}w ' ~iLI-~~M~± • ~IIDM~±J!~Wi!E~4$E:~~lli~.~ ~~* If!&W' ;g~f'*~~~~¥1it:f,ij:~ij~~~.&~ , ~lli~.Wtti±~.I8:~~i1f 0. ~, w~~:r~'7ii1f*~lliID' fi.Mn:iIt~U:ii~~~~~4if;g~~:tlf~. : ~~~ltiqrm;g~.W~i;~;g~~fi*~(ffiI) o WM*jjM~WJ~lliqrm;g~.~~4iH:tlf~ , if .M~rJ$~B~~.fjW1M ' ~.M~9i~if~~.fjWrlk~lliqrm;gfllm~ , ~U:M , ~lliqrm;g~.W~~~.~4=M~af~r.1B~:f!fJi1ifW~u::tlf. ~Br.1~. (so.

(16) (16). fmiZ:jIf{f$B1II. (tt7). 0. ~~~~E~.~m~~~~~A~ J1t1J~?Jt~f1i-m~m~*,JJJtm!~ (~oo*lPm=,*A!li). 0. !!n~ljm~~ml'f&. ~~m:tJ*IDm~~iZ:ftPa:tf ' ~~*.~~:tfiZ:~m~ , nr~~~'d9*~:tfiZ:ff ~,~~.~~~~:tfjlf{f,~~nr~~~~~.~:tf~m~:tf~ff~~o ~~:tf~.~.~:tf~E§~~~m.. , il1J[J~~0'R]~JIIIt:tfiZ:i!!'" ' ~filJ*f£llI~aU ~~~iZ:~m~.·~J1t~~~ ••~:tf~E§~~~~A~·*~filJ~~m~ "~q:tlkJG~~~f1If1Irr:l]m ' ~[JJ1tnr~~~1Ii~~m-m~IDi~~RlG~~~1t. ' m1JD5j~WH!f~IDi~~Ii~. ~nr.q:t.~:tf~:tJ.~~.~·m~m*f£llI~~~.~1J~o C~IU~am). mPJJ:~OO1J[J5j*~DIl~~mam~M'. mam-mmm:l1!!i.mIDiI!l3. •tiJIIIt:tf&. ~m:tf~ti~~m~~tt~7M'~~#~~~~ffl*f£1lIJ:~~*~~~'H~~ m~IDiI!l3.ti~1Ii~RlG~1t.~~*·m-m~nrff~1J~omam=g~mmm~ -m~-~mrJ:liZ:tf~*f£llI. ' *JtiZ:~mt~~~&:\~jl! ' (ZgJ1t~B!1J[JPJm~. 0. ~m~. ~~~#~~~iZ:~mm~m1Joo·~§~~tiJII~:tf~-ffi~~,m~~~~~. ~~~~~~~~~~~m~~,~J1t~m.~~~E~~~.·~~~-~~mt. omam~~~RlGE~.~m~~~~~A~·Bnrf1im~~*~D~·m~M~~. ••:fIjIf. ~Jm~~ftPa~A~~:fI:tJ~~~W :ft~~mam1i~:tf~.~.1t :tf~E§~1f~m. ' m~m-m~DIl~&*f£llI~~~.~~~1J~ , ~nrti~lN:~ 'R]~~"Ii&~1IjfitJJJtJ:1J[]PJm~ • ~~:tfrm!l€imii~m-m~DIl~~Ii~ (ZgJ1t* ~. 0. 0. ~~~.~*iZ:m~.-m~m~~mm.~:tfm:l1!!i.m~~.'-m~-~m~iZ:~~. , •••~:tf~E§~~e., ~~~1JOOftIJRlGEM~~~~A~. 0. ~,~~~~~~~~~~ftOO~~~~~~~1f.H?. ~~~H~.~~~iZ:1f~~JJt~~~~'~1f.gti~:tfiZ:~ft~~~~*. •• ·~:ftm~~~~~ti~:tf~~~~~~~o.~iZ:'~~1f ~$i6.&:\~*.~:tfmH~M ' ItOO1f~*,JJJt1Jfi~1i. Cmam) .'£~»1f~. 0. Hm~~~~'R]iZ:OO~~~~~~~~: !!P~~~'R]~~Jifi~$iZ:OO*. ' &;Jt~~~~ , ~~~a, M~it. ' ,,~. moo, ~.tt\m ' ~E~[]~~1lt7UNff' ~~f!Jt5 ,1gm~~(jffl, ff~.' 1£:J!1 .~ •• ~f1I~~~~~~~,~-m~~~~.g·~".%RlG~,~~.g M~m$~~~&m~~~,~~~~~miZ:m$,~m~.~~iZ:~~o. ~m:1.ti.IN:~'R]iZ:ft~~~JI.*.'~RlilEm~ft·~~~~~:tfiZ:.. 5.lUf3m. 0. 2. ~~~.W~~JJJtJ: ' ~£%~~ifiil~. ' ~~~~ZJi~~ 0 3.~m~rciZ:.E' ~mHff~f!Jt5iZ:~~~~nrm1L~ittim -16. 'iiJU.

(17) -Ll. ~~~~~o~~~~~~~~~B~~~~M~'~M~&~Dm~~·~~~ ~m. •••~'M*~~m~~3~~~'~~±~~~~~~~~~$W§. :fJ$15~tID HifW~. .. ==. ofHitfd..l1 nfiJ4J;l~!hlz~3t:aij4 , .~~±~~*~W~if ' ~~~Elfm.~!nfj;{f~~ij•• ~~ , l1nfiJ. .m~~~.~'~~U~&3t:~~o~~W~M~3~~m~~~'~~~~~ ~W~~:9Ir~~&I;I~OOj;~~±~I!!. ' ~~fJN~&I;I~oo[g~~~ngtIDiI~~if ' ~. ~&I;I~~.~oj;~~±~~~j;~~~~~~,~~~~~~3t:&I;I§&I;I~&. :~U~&. ... =. o~~~~Dm~m~&I;I~Y~~~~. Y~.3t:,~~¥~~~*~~~~~~~~~~~.~~~o~fJNM~~&I;I~~ ~OO~ijlffU'+J;~. , ~\Jl&l;l~~~~~HaJ. ,qHl*~Y;1* (~~±5fJN" ~\Jl~) ~~. ~~&I;I.~Elf±[g~~~*~~.m~'*m&l;l[g~~~~@~Mo$~~~~m ~;Y¥.M~' ~ij~[g~~~ngtID+J;~I!!#H'. (~rlfiJ~m¥lfY~~" nfiJm~Y. ~ ... +J;~~~~¥~HIIW) ~}~~~~~¥~~~ortit~, ~~~~~.m. : ~}~}:z;r~ .. : ~~!fj!±n~d..fi~t} , ~{f~~~~'~~~arn~Mm'~{f~~M~~~~¥~~~~~~~~$~. oifijlra~fJ$15. ~tID.~#H~~¥~~~.~ro~~' ~~~~~~~~&I;I~!fijnlij~EJ. 0. ••••&I;Il1•••&I;I~¥:z;r~'~M.a. Iflllra~fJ$155&~M~tID.~i~[gI~±m*~. ~.~~.~~~'fJ$15[g1~±MM~[g~~~~~.~~~.~OOUj;~~~o. ~~~fJ$15~ ••~~~I!!m~.a~~~'B~q~~~&I;I~.a~~3t:·~M fJ$15&1;1~OO~~WlElfM~A5&~~tID@~fJ$15~N*Wo ••~~~OO~fJ$15tID ~~qY&I;I~~~~~~.&~3t:~~IDo.~~~~~~~~m~.a~~•• 3t: ' iiiQl3~~j;~M*"iI!l~ij~~fJ$15~~OO~W ' ~{fME(g~~~Y;1.~ (~~.~). o.m~fJ$15~~~W~~~~3~3t:[g~~~ '6 oqy~. 5&~~tIDfJ$15j;~.¥. •• ~.'~~~.~mElfMIfll.a~~U~·I:$. o • • ~ • • ~~'~*~m~~~~'~~. ~.~~~~~ffiift. ~~~~*#H. 0. 0. .~. .Ji~~~~~~}~}~~$~~~ElfntI!!m~M.&~[g. *mlfiJf;ji~~[g~1g~~¥~8 ' ~~~~$[g~~~W§ : fJ$15~±5&~M~tID~[g~~~(=J oq¥lf~~~~¥~mtfU'. (LI).

(18) (18). ~. , iiJJJfm1l~1i!¥fl~z.3tm~:iimJ&~n:Jtrll*fEjW*utr ' *fi!$!1J~ifmiJj~. ~~.*'~W~~~$!~ifo~~~~~~~~~~J&~~~~,~~m~~:ii ~1i£,J!Jm~~1I~1i!¥fl::l:~~1Ul. 0. 1l9 .. tt\~miB: ~~~m~~~R~JtrW'~~~:ii~R~~&~~~~~$'~~1i~J!~ m~~1I.~ft~~m$,.~-·.~~m~o~ffl. ••~~~~"~.&.~. HIU~zmm~, f.ll.~MB~t-llti!!iiJ~mJj~if~~~J:~tmm}EJ&~*' W~~. r9t$~*j7gfflH~J. z~*, ~f~~:iif#lft~~&~P.M~Jf~. 0. ~9t;fit1~m~lHt. ~&~m~~RJtrW~-~'~~~MB~m'i!!Jm.fi!mM~Jtrz~Rtt~bD'fi! ~~.*~~m~'~~~*~~~~~$o. 11. .. ~m*utr. :. ~fi!tt\~m.t1~ftjjJI~*. ' ~:tjbD~~~~~~'if~~~z~~. 0. [;§~1i£,~. ~~~.n~*~~~$!~if,m~~fEj.&.~~~*;Jj~~$!~~' ~tr~frj*fi!~~*~*n~. ••~. , ~fi!~~PfEj... ~bDn1G*~ , *.p~m~ft~. :bffif~.tAIJ~o. (ttl) (tt2) (tt3) (tt4) (tt5) (tt6) (117). : i'gi&$ • 11UIJUIjfj.fO.m1.n~ <1jtJO • .fj!1I71~ 0 : i'gi&$ ·.mm• • fi'l.I1nlit • .fj!1I71~ : 1ll*!fI(! • .M:ttl!liiii)E~flJ~fg.lI:ZIiff~ • .fj!1I64~ • : *OO*IIiJ*.iI:"If'l=~*77-7Kt~~.iUJ.l£fjzM*JIQ'fI!f,5fi115-· : .OOCPJUllliffJi1f • mllitmJIUJiUffil& ' .fj!1I76~ • :&lflWlJ)) • i&*:ttl!lifflilUt!il!1iI79~ • : Itt~~ • mllm1!lf!ilJl!tzliff~ , .fj!1I70~· : !IIl;ft:. • {;E~I'!IlIIJIQ{;E~i&.zliff~ , .fj!1I79~ 0 0. 2. *l!iItiJlifft:ffl!JHHIJ ' 1iI!Ii'g:::f'IIJ~il!+~m"ft1'\lf!UIl.UI!H.ff:t1i' ' .fj!1iI77~· 3. -=f*;\,:::Uii ' il!lJ¥~sf..!j.tE. ' 811/} , .il!!:Iilllit• •i}iij • .fj!1iI!I75~ • 4. i'gi&$ ,J!JE. . . .WJ.!l!.l1* <1jt.) • !il!1iI71~ 0 5. cpi$mmm ' .M;\II!JIlmllitJE.Iiff~Rif.& ' !il!1I69~ • 6. fiiJ)(. ' .;\II!~mflllil ' eW!:Iilllitil: • .fj!1I67~ • 7. **~., .~tmmllitJE.~MmllJzliff~' ~jjj'j*.W:I!I!Iiff~mlifi±»)(' ~1iI67~· 8. #~!B ' m;\ll!~1f:l!l!JIQil!~ , ~1iI!I75~ • 9. **.~ .~t{t~~it."~1'!Il1I • i&7tt*.:fE.WJ.!l!.Iiff~mlifi±a)( , .fj!1iI71~ • 10. ~elf ' RIiIJ!m.:IIUltatIlJJIQ{;E~m~*;Ijlzliff~ • )(flJ*~ • •*.Iiff~lW±M)( , ~1I78~· 11. ~lJ))iF ' it.1)!:jn~il!"w:I!I!zliff~ , JiX;m*.I.ItiW:I!I!Iiff~mlifi±M)( , .fj!1iI72~ • 12. *!fI(!m • ~rm{t~m~~Nzliff~-i}~fl-Az&;,WttiiH ' Jiltm*~it.liff~mlifi±»)( , ~1iI70~ • 13. it.... • itJEt!m.~it.:lZ:ZIiff~ , .fj!1iI77~ • 14...... • it.WJ1I!t!m.~Iiff~mJ6 <.=WO ,.fj!1iI78~ 0. ,. -18.

(19) (19) 15. iii fBt", 1f$lj£ll!~~ • JU".fi'£ll!~iF3t~.E!l • ~1jJ72~ • 16. mJlt~~ • t1H$Z£ll!~7HIT • • i1Ii1!5.JiiV • ~1jJ76~ • 17. "lfff,{ • 9J:I1!!i.lAr, , fr'ItiHIJiS • ~1II75~ •. 18.IIIJtlftft::k.fliiPItJliF3tffi ••i1I:I1!!!il9HlUU!i• •lII:iF3t • ~1jJ76~ •. ·. 19. ff;ll1l. ' .~trtHI.J1!!!iI{:I:~iIi$ZIt.".7ttIT ••i1I::k~±*iF3tffifil±ItX • ~1jJ76~ • 20. 5lI~. J1IJ1!!i.I~a$ljJJtZiF3t • ~~::k.:I1!!~~ • ~1II78~ 21. ~~IJJI • tt~r.lJm!lil{:l:~~.ZiF3t ' ~~::k.:I1!!~~ • ~1J79~ 22. ~~ •• J1I:I1!!i.ltf(J1!t1f. ' :!IfilEWllfiHHIJ • ~1II79~ •. 23.1iIllt~ • {:I:~ilitllft~tvI{;IU€H'lIW~tf(J.a.-JJA.;ftiPf;\Il~Jf •• RlGW::k.fliiliItJlif3tffifil±MX • 0. 0. ~1jJ79~. .i1I9JJ1!!i.liIi$!Iil~tvlfi*-P)ljJlU.Illf;\M ••i1I::k.±*if3tlfifil±Mx • ~1jJ77~' 25. I!Ift~ • !!It• • • lII1!tJX ' trllltX • "Jfi~ •••• ~.,. • ~'I2 JIln~1t • IIItIllWI'iiIt. • ~1jJ79~ •. 26. •~ • • •JJttfmZ*li.ttlil~ : _M1IJJtZ141t • *llt::k.m_iF3tffifil±ltx • ~1II79~ •. 27.Iti~Qf •• ~tilitt9JltiliJlJll9JIt~.ZiF3t • Iftft~iliItIlJiF3tmfil±ItX • ~1jJ66~ •. 24. tr7.lc:.f: '. ••. 28.1t1'l~ • {:I:~&fi~f.ilftili$7ttITZif3t • ~~::k.Jt!!~if~ffifil±MX • ~1jJ79~·. 29. • <f!rff • ~i.I'Ii1!.!Iili.ldMUIltf(JIIM1Ri • 1ft.M!if~~M!.if~ffi • ~1jJ79~ •. ='.),(!11~. 1. Burrows. P. and Veljanovski, C.G. (1981) ,The Economic Approach to Law. London:Butterworths. 2. Bates, D.R. (1982) , How to Run a Real Estate of Office. New Jersey:Printice-Hall. 3. Epiey, D. R. and Millar J. A. (1980) ,Basic Real Estate Finance and Investment. Torotno:John Wiley &. Sons.. 4. Oliver, J.M. (1979) , Law and Econonics, London:George Allen & Unwin.. 5.0gus, A. I. (1984) ,Readings in the Econcmics of Law and Regulation. Oxford:Claren Press.. 6. Posner, R.A. (1977) • Economic Anaiysis of Law. Boston and Toronto:Little, Brown and Company.. 7. Reilly J.W. (1977) . The Language of Real Estate. Chicago:Real Estate Education Company.. 8. Smith, H. C., Tschappat, C.J.• & Racster, R.L. (1977) • Real Estate and Urban Development. Ontario:. Richard D. Irwin.. 9. Wiedemer J.P. (1985) .Real Estate Investment. Virginia:Reston Publishing Company.. -19.

(20)