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for reform, such as in the regulation of air pollution. The analysis is related to the conventional reliance …
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Governments employ two basic policies for acquiring land: taking it through exercise of their power of eminent domain; and purchasing it. The social desirability of these two policies is compared in a model in which the government's information about landowners' valuations is imperfect. Under...
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for reform, such as in the regulation of air pollution. The analysis is related to the conventional reliance …
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reform, such as in the regulation of air pollution. The analysis is related to the conventional reliance-based justification …
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corrective taxation and to regulation. …
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