Irrational Choice Theory: The LeBron James Migration From Miami to Cleveland by @BurghDiaspora

So why Miami? Why would the “Three Kings” choose this particular location over, say, the Big Apple or L.A.? The reasons, I believe, lie deeper than its low taxes, abundant sun, and great nightlife. Experts and average people alike tend to think that companies pick places that offer the best cost profiles and that people go to the cities that give them the highest salaries and biggest bang for the buck. But real entrepreneurs – those who want to build something new – sometimes pick “frontier locations,” places where they can mold the environment to help them reach their desired goals, like the tech pioneers of Silicon Valley in the late 60s and 70s, or Hollywood’s early moguls. Perhaps this is what Miami had to offer “the Three Kings.” The place is diverse enough, open-minded enough, free-wheeling enough, and hungry enough that they can make their own rules. The media spotl...

Full article: http://sustainablecitiescollective.com/node/292591

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