This paper presents a simple startegic model (defined as a shortsighted game) to highlight the incentives for local governments to allow the exploitation of land in areas not suitable for such exploitation due to environmental or other risks. Municipal discretionary policy inevitably produces strategic complementaries and guides individuals to use the land (to choose the most beneficial "shortsighted" Nash equilibrium). In light of these results, it seems possible to state that the definition of non-exploitable territory and the decions concerning it should not be left to local governments.
|Titolo:||Land use and decentralized government: A strategic approach for playing a short-sighted equilibrium|
CHIARINI, Bruno (Corresponding)
|Data di pubblicazione:||2019|
|Appare nelle tipologie:||1.1 Articolo in rivista|