Decision-making in real estate development : application of game theory

B. Clumac, E.G.J. Blokhuis, Q. Han

Research output: Contribution to journalArticleProfessional

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Abstract

Decision making in real estate development projects has generally undergone a number of important changes over the last decades. This transition represented a shift from governmentally dominated top-down spatial planning to bottom-up, public-private engagement schemes in real estate development (Tam et al. 2009). The new policy implies pluricentric network steering – in which several public and private parties play a role – instead of traditional hierarchical top-down governmental steering.
Original languageEnglish
Pages (from-to)26-30
Number of pages5
JournalSerVicE_Magazine
Volume18
Issue number3
Publication statusPublished - 2011

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