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SimS City Value Cap: Simulations for Innovative Mechanisms for the Selforganizing City: testing new tools for Value Capturing

Funder: Netherlands Organisation for Scientific Research (NWO)Project code: 438-13-403

SimS City Value Cap: Simulations for Innovative Mechanisms for the Selforganizing City: testing new tools for Value Capturing

Description

To regenerate ?mature? European cities, urban transformation of e.g. brownfield sites, inner-city shopping areas, waterfront and dockland areas and post-war social housing neighborhoods has become a powerful, but often also problematic strategy. Effective governance and value capturing strategies, particularly those that promote private-private collaboration, are important to improve the results of these projects. International policy transfer of successful strategies and tools seems attractive, but is not without problems. The main objectives of this project are therefore to investigate internationally (1) the effectiveness of self-organizing governance and finance strategies for urban transformation and (2) the possibilities for policy transfer of effective strategies and tools. The project will build on the results of a number of recently finished and on-going (international) research projects focusing on innovations in governance and finance strategies for land and property development and structural changes in the structures of building provision. Behavioral game-theoretical simulations and experiments will be applied, to test strategies that promote private-private collaboration in urban transformation. The project will develop a new 2.0 version of the global online experimental platform (GXP) for analyzing both cross-country policy transfer of these strategies within Europe and institutional and cultural factors that may block a successful transfer.

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