Advanced Search
MyIDEAS: Login to save this article or follow this journal

The Political Economy of Taking and Just Compensation

Contents:

Author Info

  • Esposto, Fred G
Registered author(s):

    Abstract

    By creating an implicit right to judicial review and lowering the transaction costs a property owner must incur to challenge a taking, the just compensation restriction on eminent domain limits the tendency of political decision makers to avoid the subjective costs their actions inflict on property owners and moves the level of taking closer to the social optimum. Its impact, however, is partially to completely erased by the risk aversion of the property owner and the fiscal illusion of the political decision maker, unless there are additional constraints in the fiscal constitution. Copyright 1996 by Kluwer Academic Publishers

    Download Info

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below under "Related research" whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Bibliographic Info

    Article provided by Springer in its journal Public Choice.

    Volume (Year): 89 (1996)
    Issue (Month): 3-4 (December)
    Pages: 267-82

    as in new window
    Handle: RePEc:kap:pubcho:v:89:y:1996:i:3-4:p:267-82

    Contact details of provider:
    Web page: http://www.springerlink.com/link.asp?id=100332

    Related research

    Keywords:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as in new window

    Cited by:
    1. Kevin Guerin, 2002. "Protection against Government Takings: Compensation for Regulation?," Treasury Working Paper Series 02/18, New Zealand Treasury.
    2. Alfredo Esposto, 1998. "Takings, litigation, and just compensation," Atlantic Economic Journal, International Atlantic Economic Society, International Atlantic Economic Society, vol. 26(4), pages 397-412, December.

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:kap:pubcho:v:89:y:1996:i:3-4:p:267-82. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Guenther Eichhorn) or (Christopher F. Baum).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.