Compensation Rules and Investment under Land‐Taking

作者: Woohyung Lee , Tohru Naito

DOI: 10.1111/1467-940X.00049

关键词:

摘要: The purpose of this paper is to analyze the relationship between urban systems and compensation rules when government takes private land for public use. Numerous papers in Law Economics have analyzed problem title transfer transactions. They do not, however, deal with land-taking or framework spatial economics simplification model. When plans provision goods, it often needs region it. In United States, example, if goods increase utility level each household city, required provide them can be expropriated fair compensation. paper, we focus on rule attempt effects a model landowners. investment behavior their own land.

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