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Institutional imperfections and buyer-induced holdout in land acquisition (2021)
Journal Article
Saha, S., Chowdhury, P. R., Roy, J., & Wiejak-Roy, G. (2021). Institutional imperfections and buyer-induced holdout in land acquisition. Journal of Institutional and Theoretical Economics, 177(3), 261-298. https://doi.org/10.1628/jite-2021-0012

We look beyond the well-studied issues of fair compensation, regulatory takings, and seller-induced holdout that arise in the government purchase of land for economic development. We argue that political rivalry distorts land acquisition negotiatio... Read More about Institutional imperfections and buyer-induced holdout in land acquisition.