Compensation in Urban Land Readjustment: Experiment with Game Simulation - PowerPoint PPT Presentation

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Compensation in Urban Land Readjustment: Experiment with Game Simulation

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Urban Land Readjustment. Cross-compensation: to let property owners who received more value to compensate other property owners who received less value. – PowerPoint PPT presentation

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Title: Compensation in Urban Land Readjustment: Experiment with Game Simulation


1
Compensation in Urban Land Readjustment
Experiment with Game Simulation
  • D. Ary A. Samsura
  • Erwin van der Krabben

2
Urban Land Readjustment
  • Redeveloping land in order to have more optimal
    reallocation by inviting all the related
    property/land-owners to collaborate and become
    stakeholders in the land redevelopment project
    and instigating property/land exchange.

3
Urban Land Readjustment
  • Cross-compensation to let property owners who
    received more value to compensate other property
    owners who received less value.

4
Experiment with Game Simulation
Original
Land Readjustment
A and D should compensate B, C, and E
5
Experiment with Game Simulation
vs.
vs.
6
Experiment with Game Simulation
7
Experiment with Game Simulation
  • 70 participants 2 sessions with 7 groups of 5

8
Results (Preliminary)
Complete Information
2
4
5
10
7
4
14
6
4
Incomplete Information
9
Results (Preliminary)
  COMPLETE INFORMATION COMPLETE INFORMATION COMPLETE INFORMATION
  Without Law With Law With Law
  VOLUNTARY VOLUNTARY FORCED
A 0.30 0.34 0.40
B 0.14 0.14 0.16
C 0.16 0.14 0.14
D 0.29 0.25 0.29
E 0.12 0.13 0.00
  INCOMPLETE INFORMATION INCOMPLETE INFORMATION INCOMPLETE INFORMATION
  Without Law With Law With Law
  VOLUNTARY VOLUNTARY FORCED
A 0.44 0.41 0.43
B 0.10 0.15 0.13
C 0.10 0.12 0.06
D 0.26 0.20 0.33
E 0.09 0.12 0.05
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