Category: Theory

Sums of a zero-sum game: Part 3, what’s it all about, Alfie?

22 August, 2008 (08:37) | Global news, Inclusionary zoning, Local issues, Theory, United Kingdom | No comments

[Continued from yesterday’s Part 1 and Part 2.]
 
So far our examination of the UK’s inclusionary zoning scheme, Section 106, has unearthed what we expected — that in a zero-sum game, negotiations are protracted, acrimonious, and coy.  Further, localities — rightly appreciating that equity extract from Section 106 agreements is their principal source of new municipal infrastructure […]

Sums of a zero-sum game: Part 2, reports from the field

21 August, 2008 (08:46) | Global news, Inclusionary zoning, Local issues, Theory, United Kingdom | No comments

[Continued from yesterday’s Part 1.]
 
Even before examining the specific practice, we’d expect a zero-sum-game form of inclusionary zoning to be beset by protracted negotiations and ongoing acrimony between developers and localities. 
 

Talking about you and me, and the games people play
 
We’d also expect a migration toward a homes-produced number and away from deep affordability, simply […]

Sums of a zero-sum game: Part 1, UK Section 106 inclusionary zoning

20 August, 2008 (08:41) | Global news, Inclusionary zoning, Local issues, Theory, United Kingdom | No comments

Games are more fun when they’re positive-sum — and this applies very directly to affordable housing and inclusionary zoning.
 

Girls just wanna have sums!
 
Because affordable housing always costs money, some lucky stakeholder must fund the cost-value gap.  While this money ultimately is or derives from government, government often wriggles, seeking to find ‘off budget’ ways of […]

When options have negative value: Part 3, money being Manny

13 August, 2008 (08:56) | Economics, Essential posts, Negotiation, Speculation, Sports, Theory | No comments

[Continued from the previous Part 1 and Part 2.]
 
Yesterday, we saw that in his role as sponsor, former Red Sox left fielder Manny Ramirez, perceiving that his current contract had gone on ‘too long,’ was engaging in a time-honored if not time-endorsed strategy of the deniable strike, probably at the behest of his new agent, […]

When options have negative value: Part 2, money being money

12 August, 2008 (08:33) | Economics, Essential posts, Negotiation, Speculation, Sports, Theory | No comments

[Continued from yesterday’s Part 1.]
 
Yesterday’s post starring Manny Ramirez, late of the Red Sox and now tearing the cover off the ball for the Los Angeles Dodgers, had brought him to the point of frustration, because a contract negotiated by Dan Duquette back in 1999 had turned from being a burden on the Sox to […]