NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Eminent Domain Versus Government Purchase of Land Given Imperpect Information About Owners' Valuation

Steven Shavell

NBER Working Paper No. 13564
Issued in October 2007

---- Acknowledgements -----

I wish to thank the John M. Olin Center for Law, Economics, and Business at Harvard Law School for research support, Daniel Bachner and Zachary Gerson for research assistance, and Oliver Hart, Louis Kaplow, Daniel Kelly, Thomas Miceli, Rohan Pitchford, A. Mitchell Polinsky, Daniel Rubinfeld, Kathryn Spier, and Cass Sunstein for comments. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

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