Statutes Enacting Takings Law: Flying in the Face of Uncertainty

Abstract

Takings statutes should be evaluated for minimum rationality by considering: Public Benefits, Private Benefits from Enactment, minus Public Costs, Private Costs from Enactment.

Keywords: just compensation, takings statutes, inverse condemnation, eminent domain, fairness, minimum rationality

JEL Classification: D61, D62, D63, D72, D73, D74, D78, D81, D82, D92, H10, H30, H72, H82, K11, K40, K41, P16, R51