出版社：Cornell University School of Hotel Administration
摘要：This paper discusses the concept of public use following the Supreme Court decision in the eminent domain case of Kelo v. City of New London. The majority of the Court now equates public use to public purpose and approves of the Connecticut local economic development statute. The Kelo decision has generated considerable controversy. It is suggested that one approach to the resolution of the issue is the application of the economist’s dual tests for the efficacy of public intervention in the private economy—existence of market failure and benefits that exceed costs.
关键词：Cornell; real estate; Kelo Decision; Kelo v. City of New London; Supreme Court; Connecticu; Eminent Domain; Public Use; blight; economic development; Quantity of Assembled Land; VMP
