While much has been gained from the traditional legal scholars'
doctrinal mode of analysis of the takings issue, this volume is
presented in the belief that contributions from scholars from the
various schools of thought that comprise Law and Economics can
complement the traditional doctrinal approach to law. As the
discipline of Law and Economics continues to advance, it remains
heterodox; there are several vantage points from which to describe
and analyze the interrealtionships between law and economics. It is
hoped that the analyses from the several vantage points provided
here will complement the prodigous body of existing doctrinal,
legal analysis of the takings issue and deepen the understanding of
the jurisprudential questions and economic issues surrounding the
takings issue. To this end, each contributor to this volume was
selected as `representative' of one of the schools of thought
comprising Law and Economics. In addition, each contributor was
provided with a collection of recent United States Supreme Court
cases (those summarized in Chapter 1 of this book) along with
President Regan's Executive Order: The sole charge to each
contributor was to conduct a legal-economic analysis of the cases
and the President's Executive Order from the vantage point of their
respective school of thought.
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