Conservation areas may solve a form of prisoners dilemma as all local homeowners are required to maintain their property making everyone better off

(2012) Conservation areas may solve a form of prisoners dilemma as all local homeowners are required to maintain their property making everyone better off. [Online resource]

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Gabriel Ahlfeldt presents findings from a recent research report showing that property prices are generally higher inside conservation areas. The regulation is good news for policymakers as it ensures collective action in maintaining neighborhoods, making free-riding much harder to do.

Item Type	Online resource
Departments	Geography and Environment Urban and Spatial Programme
Date Deposited	08 Feb 2013 14:37
URI	https://researchonline.lse.ac.uk/id/eprint/48433