Foresight and territorial dynamics

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Foresight and territorial dynamics

The development of any region or territory stems from its own dynamic nature. Economic activity and employment are stimulated by the number of local initiatives plus the crossfertilisation of those same initiatives. Globalisation, external constraints and technological change are therefore not really obstacles to be overcome but rather opportunities to be seized. In our experience, participator...

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After the Y2K crisis many futurists feared that it might take another millennium to receive the same attention the year 2000 brought to us. Fortunately, we have seen that part of the interest in the future that the turning of century and millennium provoked seems to carry on. One of the most remarkable features of this continued appeal is regional foresight, or should I say regional planning? T...

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Rationalizable foresight dynamics

This paper proposes and studies the rationalizable foresight dynamics. A normal form game is repeatedly played in a random matching fashion by a continuum of agents who make decisions at stochastic points in time. A rationalizable foresight path is a feasible path of action distribution along which each agent takes an action that maximizes his expected discounted payoff against another path whi...

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Rationalizable Foresight Dynamics: Evolution and Rationalizability∗

This paper considers a dynamic adjustment process in a society with a continuum of agents. Each agent takes an action upon entry and commits to it until he is replaced by his successor at a stochastic point in time. In this society, rationality is common knowledge, but beliefs may not be coordinated with each other. A rationalizable foresight path is a feasible path of action distribution along...

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ژورنال

عنوان ژورنال: Foresight

سال: 2002

ISSN: 1463-6689

DOI: 10.1108/14636680210453146