idea: when building something with local negative externalities, have some mechanism to measure the externalities in terms of how much the surrounding property valuation changed (or are expected to change based, say, through a prediction market) and have the owner of that new structure pay the owners of the surrounding properties.
topic: economics
idea: when building something with local negative externalities, have some mechanism to measure the externalities in terms of how much the surrounding property valuation changed (or are expected to change based, say, through a prediction market) and have the owner of that new structure pay the owners of the surrounding properties.