1. Compensation in Urban Land Readjustment: Experiment with Game Simulation
D. Ary A. Samsura Erwin van der Krabben

2. Urban Land Readjustment
Redeveloping land in order to have more optimal reallocation by inviting all the related property/land-owners to collaborate and become stakeholders in the land redevelopment project and instigating property/land exchange.

3. Urban Land Readjustment
Cross-compensation: to let property owners who received more value to compensate other property owners who received less value.
It reduces the financial pressure on the government to assemble the land and provide public facilities and facilitates the equal sharing of the benefits and costs of a project

4. Experiment with Game Simulation
Original
Land Readjustment
A and D should compensate B, C, and E

5. Experiment with Game Simulation
Information
Complete Information
Incomplete Information
vs.
Law
Voluntarily (without Law)
Can be forced (with Law)
vs.

6. Experiment with Game Simulation
ULR Game
Complete Information
Without Law
With Law
Incomplete Information

7. Experiment with Game Simulation
70 participants: 2 sessions with 7 groups of 5

8. Results (Preliminary)
Complete Information 2 4 5 10 7 4 14 6 4
Incomplete Information

9. Results (Preliminary)
COMPLETE INFORMATION
Without Law
With Law
VOLUNTARY
FORCED A
0.30
0.34
0.40 B
0.14
0.16 C D
0.29
0.25 E
0.12
0.13
0.00
INCOMPLETE INFORMATION
Without Law
With Law
VOLUNTARY
FORCED A
0.44
0.41
0.43 B
0.10
0.15
0.13 C
0.12
0.06 D
0.26
0.20
0.33 E
0.09
0.05