ABSTRACT

This chapter examines the way of changing that local regime, namely creating new property rights which can be traded. Using that as an instrument for land-use planning we call 'structuring the market', deliberately changing the way in which the market for property development works. The chapter talks about two research methods, thought-experiments and game simulation enables us to draw another type of conclusion, namely about the usefulness of those two methods in research for planning. Game simulations are one of the few ways which are appropriate for ex-ante evaluation of possible changes in policy and laws and of changes in planning instruments. Small changes in the property rights regime might lead to big differences in the outcome of the game simulation. The strength of game simulation is that it can provide additional insights into the ways of thinking and acting of the public and private actors.