{"product_id":"the-economics-of-zoning-laws-a-property-rights-approach-to-american-land-use-controls-9780801835629","title":"The Economics of Zoning Laws: A Property Rights Approach to American Land Use Controls","description":"\u003cp\u003e • Author(s): William A. Fischel\u003cbr\u003e • Publisher: Johns Hopkins University Press\u003cbr\u003e • Publisher Imprint: Johns Hopkins University Press\u003cbr\u003e • BISAC: Environmental Economics\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eLand use controls can affect the quality of the environment, the provision of public services, the distribution of income and wealth, the development of natural resources, and the growth of the national economy. \u003ci\u003eThe Economics of Zoning Laws\u003c\/i\u003e is the first book to apply the modern economic theory of property rights to all major aspects of zoning.\u003c\/p\u003e\u003cp\u003eZoning laws are neither irrational constrints on otherwise efficient markets nor disinterested attempts to correct market failure. Rather, zoning must be viewed as a collective property right, vested in local governments and administered by politicians who rationally repsond to their constituents and to developers as markets for development rights arise.\u003c\/p\u003e\u003cp\u003e\u003ci\u003eThe Economics of Zoning Laws\u003c\/i\u003e develops the economic theories of property rights and public choice and applies them to three zoning controversies: the siting of a large industrial plant, the exclusionary zoning of the suburbs, and the constitutional protection of propery owners from excessive regulation. Economic and legal theory, William Fischel contends, suggest that payment of damages under the taking clause of the Constitution may provide the most effective remedy for excessive zoning regulations.\u003c\/p\u003e","brand":"Johns Hopkins University Press","offers":[{"title":"Paperback","offer_id":47592040104087,"sku":"9780801835629","price":3372.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9780801835629.webp?v=1774975827","url":"https:\/\/atlanticbooks.com\/products\/the-economics-of-zoning-laws-a-property-rights-approach-to-american-land-use-controls-9780801835629","provider":"Atlantic Books","version":"1.0","type":"link"}