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| Valuing Easements: A Simple Bargaining
Framework Author: Joseph W. Trefzger and Henry J. Munneke Start Page: 127 Abstract: The literature’s
guidance on appraising easement values is limited, such as the sometimes unworkable advice
to locate appropriate comparables. A simple economic analysis involving applications of
bargaining theory (splitting a cooperative surplus) and game theory (anticipating other
parties’ actions) might provide a viable alternative means of analysis in some
easement situations. |
