SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Actual left/right wing discussion -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (2707)10/13/2006 2:20:18 PM
From: one_less  Read Replies (1) | Respond to of 10087
 
"Which isn't to say that you couldn't have a situation where specific property rights where in conflict with utility maximization, where they where worked against both equality and economic efficiency. If you want an answer as to how I'd respond in such a situation, I'd have to know the specifics of the situation

How about if the property owner wanted to make some quick bucks by using his property for a dump that would be profitable during his life time but create an economic and environmental burden for future owners.