Open-Space Amenities, Interacting Agents, and Equilibrium Landscape Structure

Elizabeth Marshall ()

Land Economics, 2004, vol. 80, issue 2, 272-293

Abstract: This paper presents a model in which open space is assumed to provide external benefits to residents of adjacent municipalities, and utility-maximizing municipal planners are assumed to act strategically in recognizing the benefits of neighboring open space and planning their own open-space allocation accordingly. Using a simple behavioral model to represent each planner’s open-space allocation decision, the model illustrates that the strategic interaction of multiple decision-makers can produce relatively complex patterns of open space on a landscape. The extent to which these patterns are sensitive to heterogeneities among municipalities in income potential, land area, and open space availability is also explored.

JEL-codes: Q24 R14 (search for similar items in EconPapers)
Date: 2004
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Citations: View citations in EconPapers (12)

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Persistent link: https://EconPapers.repec.org/RePEc:uwp:landec:v:80:y:2004:i:2:p:272-293

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