Showing all posts tagged #game-theory:

Urban sprawl is a tragedy of the commons

November 4th, 2021

We tend to choose larger homes than we want our neighbors to choose. The result: sprawling development that doesn't match what people actually want from their communities. People aim to maximize access and space when deciding where to live. All things equal, most people like living in places with easy access to their day-to-day life. It's nice to be able to walk your kids to kindergarten, and it's easier to keep a social life when many of yo...

Re: For the greater good: the game theory of zoning

December 30th, 2018

Jake Auchincloss emailed me about my recent post For the greater good: the game theory of zoning and made the constructive point that a homeowner's mindset is "situation-dependent, not ingrained". At the end of the post, I had written that "Individualists and Regionalists are odd bedfellows". Jake pointed out that there may be tension at the abstract level of the Individualist-Localist-Regionalist framework, but that in practice people don't o...

For the greater good: the game theory of zoning

November 16th, 2018

Pro-housing advocates criticize "NIMBYs" as being uncooperative and selfish. However that's not how the so-called NIMBYs see themselves. The difference is a question of the granularity of your analysis. Individualists vs Localists A question I hear a lot is: "Why do NIMBY homeowners support zoning laws? Isn't it in their best interest to allow for the highest and best use so that they can sell their own property for the maximum price? Don't t...