Travel Books:

The Planning Game

An Information Economics Approach to Understanding Urban and Environmental Management
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Hardback
$567.00
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Description

Trading information is an essential aspect of the negotiations that underpin planning practice across the globe. In this book, Alex Lord uses information economics to outline a way of thinking about these negotiations that places the strategies that actors in the planning game use at the heart of the debate. Dialogue between economics and planning theorists has been, until now, rare. Lord argues that information economics' tool kit, game theory -- including well-known examples such as the Prisoners' Dilemma, the Stag Hunt game and Follow the Leader - offers an analytical framework ideally suited to unpacking planning processes. This use of game theory to understand how counterparties interact draws together two distinct bodies of literature: firstly the mainstream economics treatment of games in abstract form and, secondly, accounts of actual bargaining in planning practice from a host of international empirical studies. Providing a novel alternative to existing theories of planning, The Planning Game provides an explanation of how agencies interact in shaping the trajectory of development through the application of game theory to planning practice.

Author Biography:

Alexander Lord worked in the financial services industry before completing a Ph.D. at the University of Manchester's School of Environment and Development. He is currently lecturer at the University of Liverpool.
Release date NZ
April 4th, 2012
Author
Audience
  • Tertiary Education (US: College)
Illustrations
8 Tables, black and white; 10 Line drawings, black and white
Pages
208
ISBN-13
9780415599054
Product ID
19265543

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