The Planning Game: An Information Economics Approach to Understanding Urban and Environmental Management

Buying and selling info is a necessary facet of the negotiations that underpin planning apply throughout the globe. On this guide, Alex Lord makes use of info economics to stipulate a mind-set about these negotiations that locations the methods that actors within the planning sport use on the coronary heart of the talk.

Dialogue between economics and planning theorists has been, till now, uncommon. Lord argues that info economics’ software equipment, sport idea – together with well-known examples such because the Prisoners’ Dilemma, the Stag Hunt sport and Observe the Chief – provides an analytical framework ideally suited to unpacking planning processes.

This use of sport idea to grasp how counterparties work together attracts collectively two distinct our bodies of literature: firstly the mainstream economics therapy of video games in summary type and, secondly, accounts of precise bargaining in planning apply from a number of worldwide empirical research.

Offering a novel various to current theories of planning, The Planning Sport supplies an evidence of how businesses work together in shaping the trajectory of improvement via the applying of sport idea to planning apply.