USING RIGHTS OF FIRST REFUSAL FOR FARMLAND RETENTION

How can rights of first refusal protect prime agricultural land? This paper develops a theory for valuing rights of first refusal based on compensation for foreclosing future demand, information asymmetry, and advance purchase of market share. A procedure is developed for governments to use these rights to prevent conversion.


Issue Date:
2001
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/20760
Total Pages:
11
Series Statement:
Selected Paper




 Record created 2017-04-01, last modified 2017-04-26

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