Grout, Cyrus; Plantinga, Andrew J.; Jaeger, William K. - In: Review of Environmental Economics and Policy 8 (2014) 1, pp. 103-119
Land-use regulations are contentious everywhere because of their potential negative effects on private property values. In recent years, so-called pay or waive compensation legislation was passed in a number of US states, requiring governments to compensate property owners for losses due to...