Add to ORKGAlthough it is axiomatic that property rights of infinite duration are necessary for owners to make efficient long term investments in their property, time limits on property rights are pervasive in the law. This paper provides an economic justification for such limits by arguing that they actually enhance property values in the presence of various sorts of market failure. The analysis offers a coherent approach for understanding what otherwise appear to be unrelated doctrines in the law. 1 Time-limited Property Rights and Investment Incentives In his excellent survey paper, Geoffrey Turnbull uses a dynamic investment framework to examine the effects of various land use regulations on the timing and pattern of land development in an urban s...
This Article argues that recent developments in economic theory provide a new rationale for the dich...
Since September 1993, ILCA and IFPRI have been engaged in a discussion about the most important, res...
This paper examines the channels through which alternative property rights institutions affect inves...
Although it is axiomatic that property rights of infinite duration are necessary for owners to make ...
Abstract: Although it is axiomatic that property rights of infinite duration are necessary for owne...
This article discusses the relationship between economic development and one aspect of property righ...
This paper provides an overview and synthesis of the results from recent studies of how different ty...
Many studies have examined the effects of land use regulations on land prices and urban spatial form...
In the field of planning research, the opportunities offered by the emergence of property rights eco...
This article examines how property rights expectations affect resource management incentives. It uti...
The fee simple is often defined as an estate or interest of potentially infinite duration. This wa...
The literature on economic growth has traditionally focused on capital accumulation and technologica...
Existing literature on property rights stresses the effect that distortions in future investment de...
This paper examines the link between property rights and investment incentives. The author develops ...
In this chapter, I review a growing literature incorporating into economics the key idea, put forwar...
This Article argues that recent developments in economic theory provide a new rationale for the dich...
Since September 1993, ILCA and IFPRI have been engaged in a discussion about the most important, res...
This paper examines the channels through which alternative property rights institutions affect inves...
Although it is axiomatic that property rights of infinite duration are necessary for owners to make ...
Abstract: Although it is axiomatic that property rights of infinite duration are necessary for owne...
This article discusses the relationship between economic development and one aspect of property righ...
This paper provides an overview and synthesis of the results from recent studies of how different ty...
Many studies have examined the effects of land use regulations on land prices and urban spatial form...
In the field of planning research, the opportunities offered by the emergence of property rights eco...
This article examines how property rights expectations affect resource management incentives. It uti...
The fee simple is often defined as an estate or interest of potentially infinite duration. This wa...
The literature on economic growth has traditionally focused on capital accumulation and technologica...
Existing literature on property rights stresses the effect that distortions in future investment de...
This paper examines the link between property rights and investment incentives. The author develops ...
In this chapter, I review a growing literature incorporating into economics the key idea, put forwar...
This Article argues that recent developments in economic theory provide a new rationale for the dich...
Since September 1993, ILCA and IFPRI have been engaged in a discussion about the most important, res...
This paper examines the channels through which alternative property rights institutions affect inves...