Essay
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.
Correct Answer:
Verified
Correct Answer:
Verified
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