Valuing Easements: A Simple Bargaining Framework

The literatureâ€™s guidance on appraising easement values is limited, such as the sometimes unworkable advice to locate appropriate comparables. A simple economic analysis involving applications of bargaining theory (splitting a cooperative surplus) and game theory (anticipating other partiesâ€™ actions) might provide a viable alternative means of analysis in some easement situations.

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Year of publication:	1998
Authors:	Trefzger, Joseph W. ; Munneke, Henry J.
Published in:	Journal of Real Estate Research. - American Real Estate Society. - Vol. 16.1998, 2, p. 127-138
Publisher:	American Real Estate Society

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Extent:	application/pdf
Type of publication:	Article
Language:	English
Notes:	Published
Classification:	L85 - Real Estate Services
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005258549