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September 2, 2010
Hylton on Necessity
Keith Hylton (Boston University) has posted to SSRN The Economics of Necessity. The abstract provides:
The necessity doctrine aligns the private and the social incentive for a property possessor to take a defensive action that prevents an invasion of his property from occurring. The model described here is also applicable to self-help in contracts.
September 2, 2010 in Scholarship | Permalink
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