Regulatory Takings

Thomas Miceli and Kathleen Segerson ()

No 2011-16, Working papers from University of Connecticut, Department of Economics

Abstract: A regulatory taking occurs when a government regulation reduces the value of private property to such a degree that the owner is entitled to compensation under the Fifth Amendment Takings Clause. This chapter reviews legal and economic theories aimed at determining when a regulation crosses the compensation threshold. It also assesses the consequences of various compensation rules on the efficiency of land use decisions and government policymaking.

Keywords: Compensation; eminent domain; regulation; takings (search for similar items in EconPapers)
JEL-codes: H11 K11 Q28 (search for similar items in EconPapers)
Pages: 43 pages
Date: 2011-07
New Economics Papers: this item is included in nep-reg
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:uct:uconnp:2011-16

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