You have been hired as a consultant to work with a group of people in a small town. The town is facing problems with a decision on whether to develop agricultural land for housing and commercial uses or keep it as agricultural land. The town is split three ways: (1) all housing and commercial uses; (2) all agriculture; and (3) find a way to do both. Explain how you can use game theory to help you in your work. Be sure to include problems with game theory you may encounter.

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The Answer of You have been hired as a consultant to work with a group of people in a small town. The town is facing problems with a decision on whether to develop agricultural land for housing and commercial uses or keep it as agricultural land. The town is split three ways: (1) all housing and commercial uses; (2) all agriculture; and (3) find a way to do both. Explain how you can use game theory to help you in your work. Be sure to include problems with game theory you may encounter.

You Have Been Hired as a Consultant to Work with a Group