Scientific Definition
'Equal value' exchanges incentivize subjective appraisal gaming to trade low-utility land for high-value public assets.
Plain-English Definition
'Equal value' exchanges incentivize subjective appraisal gaming to trade low-utility land for high-value public assets.
Feynman Explanation
Equal value is whatever the appraiser is paid to see.
Core Principle
'Equal value' exchanges incentivize subjective appraisal gaming to trade low-utility land for high-value public assets.
Mechanisms
Pending editorial review.
'Equal value' exchanges incentivize subjective appraisal gaming to trade low-utility land for high-value public assets.
Pending editorial review.
Pending editorial review.
Subjective valuation is an arbitrage surface.
Pending editorial review.
Pending editorial review.
Inputs (Triggers)
Pending editorial review.
Outputs (Behaviors)
Pending editorial review.
Behavioral Signature
Equal value is whatever the appraiser is paid to see.
Examples
- Documented under-appraised federal land exchanges.
- Subjective valuation is an arbitrage surface.
Pending editorial review.
Famous Experiments
Pending editorial review.
Design Principles
- Independent appraisal. Public comment with technical review.
Measurement Approaches
Pending editorial review.
Evidence
Pending editorial review.
Pending editorial review.
The Perverse Incentive Lens™
How this behavior is exploited — and how to redesign around it.
- Independent appraisal. Public comment with technical review.
Pending editorial review.
Pending editorial review.
Interactive Mini Network
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Knowledge Graph Neighbors
Auto-linked to the rest of the Human Behavior Taxonomy by family, domain, dimension, and shared keywords.
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When rewards don't match stated values, culture quietly decays toward what is rewarded.
Insulation from risk changes the risks people take.