COOPERATIVE GAME THEORY APPROACH TO ESTABLISHING A LANDSCAPE AGREEMENT
Journal Title: Journal of Urban and Regional Analysis - Year 2017, Vol 9, Issue 2
Abstract
As the need for a participatory approach towards a sustainable landscape development grows, this paper has applied the cooperative game theory to analyse the mechanism of entering a landscape agreement which requires the participation and initiative of local residents and stakeholders. The results confirmed that a landscape agreement only becomes possible with a certain level of supporters and the optimal situation is when all participants agree. Moreover, the possibility of free riders, which would prevent reaching a universal agreement, was also confirmed. The effect of government subsidies for landscape considerate building and the enforcement of penalties for building without were also examined. As a result, we learned that subsidies and the enforcement of penalties influences the number of supporters required for the landscape agreement and in preventing free riders.
Authors and Affiliations
Kenichi SHIMAMOTO
Keywords
Related Articles
- EP ID EP450698
- DOI -
- Views 72
- Downloads 0
BROWNFIELDS REGENERATION, BETWEEN SUSTAINABLE URBAN DEVELOPMENT AND CULTURAL HERITAGE. THE FORMER MILITARY SITES IN ORADEA, ROMANIA
The post-Cold War conditions, following the collapse of the USSR, brought radical socio-economic changes in Central and Eastern Europe, including the process of military restructuring – a process of military relocation,...
The job exchanges for graduates in Romania – the assessment of the territorial disparities
The job exchanges for graduates represent the major offer-and-demand framework organised by the majority of territorial structures of the National Employment Agency, which have a pyramidal/hierarchic structure. The paper...
SOCIAL CROWDFUNDING: A NEW MODEL FOR FINANCING REGIONAL DEVELOPMENT?
Crowdfunding is an increasingly attractive source to fund social projects. However, to our best knowledge, the study of crowdfunding for social purposes has remained largely unexplored in the literature. This research en...
ANALYSIS OF THE INVESTMENT ACTIVITY IN SOUTH AND CENTRAL EASTERN EUROPE. A COMPARATIVE ANALYSIS OF THE CORPORATE GROWTH MODEL
With the opening up of the South and Central Eastern European markets in the early 1990s, foreign firms grabbed the opportunity to exploit their ownership advantages and expand abroad. Within this context, the primary ai...
POTENTIAL CLUSTERS IN BANAT AND THEIR ROLE IN REGIONAL ECONOMIC DEVELOPMENT
The interest in the study of clusters and their role in the economic development of certain regions has constantly grown in the past years. This interest has also been emphasized by the emergence of successful clusters i...