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Communities, Competition, Spillovers, and Open Space
2008
Land Economics
We explore the impact of both the number and spatial distribution of local jurisdictions on the decision to commit developable acreage to the provision of open space. Our analysis differs from the existing literature on the provision of public goods in a number of ways. First, we demonstrate that the mixed public good nature of open space (in relation to private lot consumption) can yield outcomes where a single land rent-maximizing community over-supplies open space relative to the utility
doi:10.3368/le.84.2.169
fatcat:4fvcxurzh5hxtmtpjhxiudk2r4