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Eminent Domain Versus Government Purchase Of Land Given Imperfect Information About Owners Valuation
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Book Synopsis Eminent Domain Versus Government Purchase of Land Given Imperfect Information about Owners' Valuation by : Steven Shavell
Download or read book Eminent Domain Versus Government Purchase of Land Given Imperfect Information about Owners' Valuation written by Steven Shavell and published by . This book was released on 2007 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: Governments employ two basic policies for acquiring land: taking it through exercise of their power of eminent domain; and purchasing it. The social desirability of these two policies is compared in a model in which the government's information about landowners' valuations is imperfect. Under this assumption, the policy of purchase possesses the market test advantage that the government obtains land only if an owner's valuation is low enough that he is willing to sell it. However, the policy suffers from a drawback when the land that the government needs is owned by many parties. In that case, the government's acquisition will fail if any of the owners refuses to sell. Hence, the policy of eminent domain becomes appealing if the number of owners of the land is large. This conclusion holds regardless of whether the land that the government seeks is a parcel at a fixed location or instead may be located anywhere in a region.
Book Synopsis Eminent Domain Versus Government Purchase of Land Given Imperfect Information about Owners' Valuations by : Steven Shavell
Download or read book Eminent Domain Versus Government Purchase of Land Given Imperfect Information about Owners' Valuations written by Steven Shavell and published by . This book was released on 2007 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Governments employ two basic policies for acquiring land: taking it through exercise of their power of eminent domain; and purchasing it. The social desirability of these two policies is compared in a model in which the government's information about landowners' valuations is imperfect. Under this assumption, the policy of purchase possesses the market test advantage that the government obtains land only if an owner's valuation is low enough that he is willing to sell it. However, the policy suffers from a drawback when the land that the government needs is owned by many parties. In that case, the government's acquisition will fail if any of the owners refuses to sell. Hence, the policy of eminent domain becomes appealing if the number of owners of the land is large. This conclusion holds regardless of whether the land that the government seeks is a parcel at a fixed location or instead may be located anywhere in a region"--Preface.
Book Synopsis Eminent Domain Versus Government Purchase of Land Given Imperpect Information About Owners' Valuation by : Steven Shavell
Download or read book Eminent Domain Versus Government Purchase of Land Given Imperpect Information About Owners' Valuation written by Steven Shavell and published by . This book was released on 2010 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: Governments employ two basic policies for acquiring land: taking it through exercise of their power of eminent domain; and purchasing it. The social desirability of these two policies is compared in a model in which the government's information about landowners' valuations is imperfect. Under this assumption, the policy of purchase possesses the market test advantage that the government obtains land only if an owner's valuation is low enough that he is willing to sell it. However, the policy suffers from a drawback when the land that the government needs is owned by many parties. In that case, the government's acquisition will fail if any of the owners refuses to sell. Hence, the policy of eminent domain becomes appealing if the number of owners of the land is large. This conclusion holds regardless of whether the land that the government seeks is a parcel at a fixed location or instead may be located anywhere in a region.
Book Synopsis Eminent Domain Versus Government Purchase of Land Given Imprpect Information about Owners' Valuation by : Steven Shavel
Download or read book Eminent Domain Versus Government Purchase of Land Given Imprpect Information about Owners' Valuation written by Steven Shavel and published by . This book was released on 2007 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Economics of Eminent Domain by : Thomas J. Miceli
Download or read book The Economics of Eminent Domain written by Thomas J. Miceli and published by Now Publishers Inc. This book was released on 2007 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economics of Eminent Domain: Private Property, Public Use, and Just Compensation presents an overview of the economics of eminent domain. Beginning with a brief review of the relevant case law for both physical acquisitions and for regulatory takings, the authors survey the economics literature examining eminent domain.
Download or read book Eminent Domain written by Iljoong Kim and published by Cambridge University Press. This book was released on 2017-04-03 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: The taking of private property for development projects has caused controversy in many nations, where it has often been used to benefit powerful interests at the expense of the general public. This edited collection is the first to use a common framework to analyze the law and economics of eminent domain around the world. The authors show that seemingly disparate nations face a common set of problems in seeking to regulate the condemnation of private property by the state. They include the tendency to forcibly displace the poor and politically weak for the benefit of those with greater influence, disputes over compensation, and resort to condemnation in cases where it destroys more economic value than it creates. With contributions from leading scholars in the fields of property law and economics, the book offers a comparative perspective and considers a wide range of possible solutions to these problems.
Book Synopsis Research Handbook on the Economics of Property Law by : Kenneth Ayotte
Download or read book Research Handbook on the Economics of Property Law written by Kenneth Ayotte and published by Edward Elgar Publishing. This book was released on 2011-01-01 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: Leading scholars in the field of law and economics contribute their original theoretical and empirical research to this major Handbook. Each chapter analyzes the basic architecture and important features of the institutions of property law from an economic point of view, while also providing an introduction to the issues and literature. Property rights and property systems vary along a large number of dimensions, and economics has proven very conducive to analyzing these patterns and even the nature of property itself. The contributions found here lend fresh perspectives to the current body of literature, examining topics including: initial acquisition; the commons, anticommons, and semicommons; intellectual property; public rights; abandonment and destruction; standardization of property; property and firms; marital property; bankruptcy as property; titling systems; land surveying; covenants; nuisance; the political economy of property; and takings. The contributors employ a variety of methods and perspectives, demonstrating the fruitfulness of economic modeling, empirical methods, and institutional analysis for the study of both new and familiar problems in property. Legal scholars, economists, and other social scientists interested in property will find this Handbook an often-referenced addition to their libraries.
Book Synopsis The Economic Theory of Eminent Domain by : Thomas J. Miceli
Download or read book The Economic Theory of Eminent Domain written by Thomas J. Miceli and published by Cambridge University Press. This book was released on 2011-06-20 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: Surveys the contributions that economic theory has made to the often contentious debate over the government's use of its power of eminent domain, as prescribed by the Fifth Amendment. It addresses such questions as: when should the government be allowed to take private property without the owner's consent? Does it depend on how the land will be used? Also, what amount of compensation is the landowner entitled to receive (if any)? The recent case of Kelo v. New London (2005) revitalized the debate, but it was only the latest skirmish in the ongoing struggle between advocates of strong governmental powers to acquire private property in the public interest and private property rights advocates. Written for a general audience, the book advances a coherent theory that views eminent domain within the context of the government's proper role in an economic system whose primary objective is to achieve efficient land use.
Book Synopsis Supreme Court Economic Review, Volume 20 by : Ilya Somin
Download or read book Supreme Court Economic Review, Volume 20 written by Ilya Somin and published by University of Chicago Press. This book was released on 2017-08-01 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Supreme Court Economic Review is an interdisciplinary journal that seeks to provide a forum for scholarship in law and economics, public choice, and constitutional political economy. Its approach is broad ranging, and contributions employ explicit or implicit economic reasoning for the analysis of legal issues, with special attention to Supreme Court decisions, judicial process, and institutional design.
Download or read book The Grasping Hand written by Ilya Somin and published by University of Chicago Press. This book was released on 2015-05-28 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ilya Somin s "The Grasping Hand: "Kelo v. New London" and the Limits of Eminent Domain" is the definitive review of one of the most controversial Supreme Court cases of the 21st century. Somin provides a thorough analysis of the case s historic and factual background along with the broader history of American public-purpose takings and the challenges posed by economic-development takings. The book offers a detailed account of the trajectory of the "Kelo" case itself, from the neighbors electing to fight their eviction through finding legal representation via a collection of strange-bedfellow public-interest groups. The litigators strategies are examined and Somin brings us into the Supreme Court to scrutinize the thrust and parry of oral argument. Somin s close reading and incisive critique of the "Kelo" opinion is the heart of the book. Holding that the Court made several serious doctrinal errors, Somin carefully parses the majority opinion, concurrences, and dissents to show where the Justices went wrong, and even offers some responsible speculation about why. A notably unpopular verdict, "Kelo" sparked significant political backlash. Somin takes a qualitative and quantitative tour through the large number of new state laws passed in the wake of "Kelo," studying the mechanisms by which they were passed, their effectiveness, and public awareness of these new laws. The work concludes with recommendations toward reform, or prohibition, of takings justified on the premise of blight or hoped-for private economic development."
Book Synopsis Land Policies in India by : Sony Pellissery
Download or read book Land Policies in India written by Sony Pellissery and published by Springer. This book was released on 2017-08-10 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines how property rights are linked to socio-economic progress and development. It also provides a theoretical analysis, an economic/social analysis of planning, case studies of the implementation of planning and regulation instruments, practices related to law and planning, analysis of case laws in a particular segment. The interconnection between property, law and planning is a running theme throughout the book. The land question has been central to South Asian development on two counts: First, although the majority of the population relies on agriculture and allied activities their livelihood, landholding is highly skewed; second, urban planning is facing unprecedented challenges due to bourgeoning property values as well as gush of migrants to cities seeking livelihood. The response to these challenges in the form of laws and policies has been very large compared to the academic attention that is received. However, the measures emerging from planning and policies have had limited impact on the extent of the problems. This paradox calls for serious introspection and academic engagement that this book undertakes. The book further deals with the emerging discipline of planning law, which determines property value and use, and argues that regulatory issues of public policy determine the property valuation and property pricing.
Book Synopsis Issues in Law and Economics by : Harold Winter
Download or read book Issues in Law and Economics written by Harold Winter and published by University of Chicago Press. This book was released on 2017-01-27 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is file-sharing destroying the music industry? Should the courts encourage breach of contract? Does the threat of malpractice lawsuits cause doctors to provide too much medical care? Do judges discriminate when sentencing? With Issues in Law and Economics, Harold Winter takes readers through these and other recent and controversial questions. In an accessible and engaging manner, Winter shows these legal issues can be reexamined through the use of economic analysis. Using real-world cases to highlight issues, Winter offers step-by-step analysis, guiding readers through the identification of the trade-offs involved in each issue and assessing the economic evidence from scholarly research before exploring how this research may be used to guide policy recommendations. The book is divided into four sections, covering the basic practice areas of property, contracts, torts, and crime, with a fifth section devoted to a concise introduction to the topic of behavioral law and economics. Each chapter concludes with a series of thought-provoking discussion questions that provide readers the opportunity to further explore important ideas and concepts.
Book Synopsis Experimental Law and Economics by : R. Mark Isaac
Download or read book Experimental Law and Economics written by R. Mark Isaac and published by Emerald Group Publishing. This book was released on 2022-02-28 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Experimental Law and Economics focuses on experimental and empirical investigations into both the economic effects of the law and how economic theories can explain the behavior of individuals within a legal system.
Book Synopsis Property Without Rights by : Michael Albertus
Download or read book Property Without Rights written by Michael Albertus and published by Cambridge University Press. This book was released on 2021-01-07 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new understanding of the causes and consequences of incomplete property rights in countries across the world.
Download or read book Property written by David Dana and published by . This book was released on 2002 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This law school study aid contains the history and cases related to the Takings Clause of the United States Constitution. The authors bring their long-time teaching experience to this important area.
Book Synopsis Compensation for Regulatory Takings by : Thomas J. Miceli
Download or read book Compensation for Regulatory Takings written by Thomas J. Miceli and published by JAI Press(NY). This book was released on 1996 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume reviews case law and literature on takings, provides a theoretical analysis of the subject and discusses its applications to environmental protection and resource use.
Author :American Bar Association. House of Delegates Publisher :American Bar Association ISBN 13 :9781590318737 Total Pages :216 pages Book Rating :4.3/5 (187 download)
Book Synopsis Model Rules of Professional Conduct by : American Bar Association. House of Delegates
Download or read book Model Rules of Professional Conduct written by American Bar Association. House of Delegates and published by American Bar Association. This book was released on 2007 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Model Rules of Professional Conduct provides an up-to-date resource for information on legal ethics. Federal, state and local courts in all jurisdictions look to the Rules for guidance in solving lawyer malpractice cases, disciplinary actions, disqualification issues, sanctions questions and much more. In this volume, black-letter Rules of Professional Conduct are followed by numbered Comments that explain each Rule's purpose and provide suggestions for its practical application. The Rules will help you identify proper conduct in a variety of given situations, review those instances where discretionary action is possible, and define the nature of the relationship between you and your clients, colleagues and the courts.
