There are three separate strands of literature in economics that are related to the efficiency of takings under eminent domain: one addresses the question of optimal compensation for properties that are taken, the second inquires how governments might learn the values of properties that they consider taking, while the third analyzes solutions to the problem of land assembly. This essay reviews ...

Professor Malpezzi is an associate professor and Wangard Faculty Scholar in the Department of Real Estate and Urban Land Economics of the School of Business, as well as an associate member of the Department of Urban and Regional Planning, of the University of Wisconsin– Madison. The following article is based on a study the author prepared for the Governor’s Blue-Ribbon Commission on State and ...

To evaluate changes to hop industry concentration and competitiveness the Herfindahl-Hirschman Index (HHI) was used. The ownership of proprietary varieties, their acreage production were compared with public varieties. Market share for each variety calculated between 2000 2020. quantity land under centralized control in U.S. due increased 2020 quantified. Assuming tacit collusion participants o...

Although principles underlying binary economics were first published in 1958 (Kelso and Adler), the many books and papers that discuss the subject, with the exception of Kane (2000) and Kurland (2001), do not utilize conventional economics language. To facilitate the teaching of binary economics in beginning and intermediate college courses in economics and business, the paper explains some maj...

Land policy influences how and by whom land is used; therefore, it impacts the efficiency equity of use. This paper offers an economic perspective on as fundamental purposes planning policy. It brings a highly needed mutual understanding between economics, whilst acknowledging limitations theoretical concepts in their real-world applications. The also provides solid ground for analysing trade-o...

Land tenure arrangements in Africa are generally skewed in favour of males. Compared to males, female plot owners face complex sets of constraints and systemic high tenure insecurity which culminate in low yields. In order to obtain better returns, some females rent their plots to males, but risk losing the plots to their tenants. A model has been constructed to explain renting-out decisions of...