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Public Affairs, Public Policy and Public Administration

Michael P. Johnson

Decision models

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Articles 1 - 3 of 3

Full-Text Articles in Social and Behavioral Sciences

Data And Analytics For Neighborhood Development: Smart Shrinkage Decision Modeling In Baltimore, Maryland, Michael P. Johnson Jr., Justin Hollander, Eliza D. Whiteman Jun 2015

Data And Analytics For Neighborhood Development: Smart Shrinkage Decision Modeling In Baltimore, Maryland, Michael P. Johnson Jr., Justin Hollander, Eliza D. Whiteman

Michael P. Johnson

Many older cities in the United States confront the problem of long-term declines in population and economic activity resulting in blighted conditions that make conventional revitalization initiatives unlikely to succeed. Smart shrinkage, a planning approach that emphasizes alternative land uses while preserving quality of life, offers a way for cities to remain desirable places to live and work. However, there is little research on empirical methods to support planning decisions consistent with smart shrinkage. We present results from two studies with planners from the City of Baltimore that provide novel insights regarding ways in which planners can perform vacant property …

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Property Value Impacts Of Foreclosed Housing Acquisitions Under Uncertainty, Michael P. Johnson Jr., Senay Solak, Rachel B. Drew, Jeffrey Keisler Aug 2013

Property Value Impacts Of Foreclosed Housing Acquisitions Under Uncertainty, Michael P. Johnson Jr., Senay Solak, Rachel B. Drew, Jeffrey Keisler

Michael P. Johnson

Community development corporations seek to stabilize neighborhoods affected by the recent foreclosure crisis through acquisition and redevelopment of distressed properties. One rationale for this work is the alleviation or avoidance of negative foreclosure impacts. We estimate the lost value to proximate properties associated with a single foreclosure through a Markov chain representing probabilistic transitions between foreclosure stages. We apply our model to a case study of foreclosure properties in Chelsea, MA. A rank ordering by estimated property value impacts indicates significant potential gains in social value as compared to current community development practice. We extend our basic model to address …

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Decison Models For Housing And Community Development, Michael P. Johnson Jr. Jul 2012

Decison Models For Housing And Community Development, Michael P. Johnson Jr.

Michael P. Johnson

Decision science provides tools and methods to support strategy design and operations in housing and community development by generating guidance regarding the number, type, location and development process of housing units in order to balance objectives such as social benefits and costs, tenure mix and equity. These decision models address the needs of multiple stakeholders, reflect the public and private nature of housing, and incorporate best-available evidence regarding markets, policies and impacts of housing and community development. This chapter reviews applications over the past 30 years and describe current applications in decision support for housing and community development, including: affordable …

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