Takings

This entry discusses the economics of eminent domain, which is the government’s power to take or regulate privately owned property for the common good. It discusses the origins of the power as well as its limits, particularly as embodied in the public use and just compensation requirements. It also reviews the economics literature on how eminent domain affects incentives for efficient land use.

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Year of publication:	2014-07
Authors:	Miceli, Thomas ; Segerson, Kathleen
Institutions:	Department of Economics, University of Connecticut
Subject:	Eminent domain \| takings \| regulatory takings \| just compensation \| public use \| land use

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Extent:	application/pdf
Series:	Working papers.
Type of publication:	Book / Working Paper
Notes:	Forthcoming in the Encyclopedia of Law and Economics, J. Backhaus, editor The price is Free Number 2014-17 21 pages
Classification:	K11 - Property Law ; K32 - Environmental, Health, and Safety Law
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010888329