Re:California's DOT Admits That More Roads Mean More Traffic
by maxerickson on Monday November 23, 2015 @10:04AM
(#10614924)
Consider 2 outcomes. One is that the project moves forward with the owner getting x+y for their land. The other is that the project doesn't move forward and they are able to sell it for roughly x.
There is at least a sense in which turning down y is irrational. Of course it doesn't have to be irrational, but if they believe they would be better off with y and are simply trying to get more, there is some degree of unreasonableness involved.
There is at least a sense in which turning down y is irrational. Of course it doesn't have to be irrational, but if they believe they would be better off with y and are simply trying to get more, there is some degree of unreasonableness involved.