{"product_id":"the-planning-game-an-information-economics-approach-to-understanding-urban-and-environmental-management-9780415599061","title":"The Planning Game: An Information Economics Approach to Understanding Urban and Environmental Management","description":"\u003cp\u003e • Author(s): Alex Lord\u003cbr\u003e • Publisher: Taylor \u0026amp; Francis\u003cbr\u003e • Publisher Imprint: Routledge\u003cbr\u003e • BISAC: Public Policy - City Planning \u0026amp; Urban Development\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eTrading 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.\u003c\/p\u003e\u003cp\u003eDialogue 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. \u003c\/p\u003e\u003cp\u003eThis 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.\u003c\/p\u003e\u003cp\u003eProviding a novel alternative to existing theories of planning, \u003cem\u003eThe Planning Game\u003c\/em\u003e provides an explanation of how agencies interact in shaping the trajectory of development through the application of game theory to planning practice.\u003c\/p\u003e","brand":"Taylor \u0026 Francis","offers":[{"title":"Paperback","offer_id":45235992461463,"sku":"9780415599061","price":4399.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9780415599061.webp?v=1769211570","url":"https:\/\/atlanticbooks.com\/products\/the-planning-game-an-information-economics-approach-to-understanding-urban-and-environmental-management-9780415599061","provider":"Atlantic Books","version":"1.0","type":"link"}