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Item Details
Title: THE PLANNING GAME
AN INFORMATION ECONOMICS APPROACH TO UNDERSTANDING URBAN AND ENVIRONMENTAL MANAGEMENT
By: Alex Lord
Format: Electronic book text

List price: £34.99


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ISBN 10: 113646252X
ISBN 13: 9781136462528
Publisher: TAYLOR & FRANCIS LTD
Pub. date: 23 May, 2012
Pages: 208
Synopsis: 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.
Illustrations: 10 Line drawings, black and white; 8 Tables, black and white
Publication: UK
Imprint: Routledge
Returns: Non-returnable
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