PropertyProf Blog

Editor: Stephen Clowney
Univ. of Kentucky College of Law

A Member of the Law Professor Blogs Network

Tuesday, December 26, 2006

Miceli and Sirmans on Holdouts, Sprawl and Eminent Domain

Thomas J. Miceli and C.F. Sirmans (University of Connecticut) have posted The Holdout Problem, Urban Sprawl, and Eminent Domain on SSRN.  Here's the abstract:

Developers attempting land assembly often face a potential holdout problem that raises the cost of development. To minimize this extra cost, developers will prefer land whose ownership is less dispersed. This creates a bias toward development at the urban fringe where average lot sizes are larger, resulting in urban sprawl. This paper examines the link between the holdout problem and urban sprawl and discusses possible remedies, including the use of eminent domain for urban redevelopment.

Ben Barros

[Comments are held for approval, so there will be some delay in posting]

http://lawprofessors.typepad.com/property/2006/12/miceli_and_sirm.html

Recent Scholarship, Takings | Permalink

TrackBack URL for this entry:

http://www.typepad.com/services/trackback/6a00d8341bfae553ef00d8353afd4753ef

Listed below are links to weblogs that reference Miceli and Sirmans on Holdouts, Sprawl and Eminent Domain:

Comments

Post a comment