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Neighborhood Foreclosures and Property Tax Burden: An Examination of Change in Valuation Standard and Assessment Equity
property tax foreclosures assessment equity
2014/11/27
The quality of property tax assessment practices impacts the stability of local government revenue and the equity of property tax burden. This study examines the potential shift in property tax burden...
The Impact of Property Assessment Standards on Property Tax Burden: An Examination of Systematic Bias in a Market Value versus a Non-Market Value Assessment Standard
property tax assessment sales ratio local government
2014/11/26
Property tax is a tax on estimated values rather than on transactions—an important distinction from other taxes. Another distinction is that each state develops its own system for administering the pr...
ESTABLISHING PROPERTY RIGHTS IN ENERGY：Efficient vs. Inefficient Processes
property rights Mineral rights energy resources coal rights
2008/12/24
In order for a society to use its resources efficiently, property
rights must be well defined, enforced, and transferable. By now,
this basic conclusion of the modern property rights literature need...
PARKS, PROPERTY RIGHTS, AND THE POSSIBILITIES OF THE PRIVATE LAW
private property rights PRIVATE LAW national parks governmental ownership
2008/12/24
It is commonly assumed that private property rights are incompatible
with the preservation of such environmental and recreational
amenities as our national parks and that governmental ownership
is ...
RESOLVING THE TRAGEDY OF THE COMMONS BY CREATING PRIVATE PROPERTY RIGHTS IN WILDLIFE
PRIVATE PROPERTY RIGHTS WILDLIFE
2008/12/24
During man’s relatively brief existence on this planet, he has relied
on the bounty of its flora and fauna for his existence. He has
harvested wildlife for food, clothing, shelter, medicines, beasts...
Introduction: Law as a Normative Discipline
Law is a set of commands; the principles of tort or criminal law,
which we shall be dealing with, are negative commands or prohibitions,
on the order of ...
On Divestiture and the Creation of Property Rights in Public Lands
Property Rights federal government Public Lands
2008/12/17
Approximately 628 million acres, or over one-fourth of the land area
of the United States, is owned by the federal government. A predominant
share of this land is located in the West. Over one-hal...
A NOTE ON LAW, PROPERTY RIGHTS, AND AIR POLLUTION
PROPERTY RIGHTS AIR POLLUTION Coase Theorem
2008/12/8
Introduction
Murray Rothbard (1982) fails to place the Coase theorem in its
proper intellectual perspective as a contribution to economics and
misses the power of Coase’s observation. The ironic pa...
As interest rates begin to edge upward and rescheduling pushes
the debt burdens of Brazil, Mexico, Argentina, and other large debtor
nations into the future, it is of the utmost importance to rethin...
THE INCENTIVE TO INNOVATE UNDER ALTERNATIVE PROPERTY RIGHTS
PROPERTY RIGHTS economic development public policy
2008/12/8
The Ideaof economic developmentdominates boththe aspirations
and the public policy of most countries today. However only capS.
talist countrIes have done something about it The United States,
Weste...
INSIDER TRADING AND PROPERTY RIGHTS IN NEW INFORMATION
INSIDER TRADING PROPERTY RIGHTS NEW INFORMATION
2008/12/8
I have been dealing with the insider trading issue for over 20 years.
I am happy to report that the tone of the discussion has changed
dramatically over those years as a new generation of legal and ...
A PROPERTY RIGHTS APPROACH TO JUDICIAL DECISION MAKING
PROPERTY RIGHTS JUDICIAL DECISION MAKING
2008/12/8
I. Introduction
Ronald Coase’s discussion of the railroad train strewing sparks as
it steamed its way across the English countryside has had a profound
effect on the way we think about the law.’ Th...
LIFE IN THE GULAG：A PROPERTY RIGHTS PERSPECTIVE
PROPERTY RIGHTS PERSPECTIVE modern economic theory
2008/12/8
No, it isn’t done especially to torture people. A sentenced prisoner
is a laboring soldier of socialism, so why should he be tortured?
They need him for construction work.
—Aleksandr I. Solzhenitsy...
PROPERTY RIGHTS, LAND REFORM, AND ECONOMIC WELL-BEING
PROPERTY RIGHTS LAND REFORM ECONOMIC WELL-BEING
2008/12/8
Introduction
The basic premise ofthis paper is the belief that ownership enhances
economic performance. Aside from token reference to political stability,
little or no reference is usually made to ...
One way or another, the world seems headed toward a legal order
to allocate the increasingly scarce and valuable geosynchronons
orbits. . . .Only with a wider sense of shared commitment and less
na...