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Legal risk in agriculture: right-to-farm laws and institutional change
Legal risk in agriculture: right-to-farm laws and institutional change
Journal from gdlhub / 2017-08-14 11:51:36Oleh : Joshua M. Duke, ELSEVIER
Dibuat : 2010-08-31, dengan 1 file
Keyword : Agriculture: farm, laws, institutional
This paper develops an economic model of producer and residential-neighbor behavior to investigate the ways producers balance the choice of management practices with the risk of agricultural-nuisance lawsuits. Right-to-farm laws have provided a false sense of security in what is, in fact, a risky situation. An interdependent-behavior model is developed to explain the conditions under which residents will sue and producers will shift costs. The sensitivity of
these results to different judicial interpretations of right-to-farm laws and to institutional change is discussed.
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Duke_Legal
File : Duke_Legal.pdf
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