Muth's model of CBD-employed household behavior has been successfully extended to include labor/leisure choice in order to deal with the original version's deficient treatment of commuting time. The extension demonstrates how all the basic results of the simpler formulation remain valid. This...

A fundamental aspect of private property is the right to exclude trespassers or squatters. Nonetheless, in all 50 states a trespasser can acquire ownership by continuously occupying a parcel of land until the statutorily set period of limitations runs out. Although these adverse possession...