BOOMER v. ATLANTIC CEMENT CO.
257 N.E.2d 870 (Court of Appeals of New York, 1970)
BERGAN, Judge. Defendant operates a large cement plant near Albany. These are actions for
injunction and damages by neighboring land owners alleging injury to property from
Boomer v. Atlantic Cement Co.
Spur Industries v. Del Webb
Boomer v. Atlantic Cement Co., Inc.
Court of Appeals of New York
26 N.Y.2d 219, 309 N.Y.2d 312, 257 N.E.2d 870 (1970)
Bergan, J. Defendant operates a large cement plant near Albany. These
Practice Problems for Econ 522 Final Fall 2010
The Joy of Skydiving (from final exam, Spring 2009)
Skydiving jumping out of an airplane with a parachute is incredibly fun, but also dangerous. The risk
of dying in a skydiving accident is actually very smal
LAW OF THE SEA
The law of the sea is one example of international law, but before getting into a
discussion of the law of the sea, lets thinks a bit about what we mean by international law.
International law can take several f
1. A company invents a new flavor of soft drink, calling is Dope-a-Rola.
The company knows that the longer it can protect its exclusive
rights to the formula, the longer it will be the sole profiteer from its
existence. One CEO suggests patenting the reci
Law & Economics
PRACTICE EXAM QUESTIONS
The statement that best describes an act that is a potential but not an
actual Pareto improvement is:
(a) The act makes A better off without making B worse off.
(b) The act makes b
Law and Economics: Two Case Studies in Property Law
Read each case below. For each situation, discuss the nature of the externality and its reciprocal
nature, as well as the relevant considerations in determining the efficient allocation of rights.
Final Notes on Types of Damages
Remedies for Breach
Remedies specified in the contract
Court may decide promisee entitled to some level of damages
Forces breaching party to live up to c
A Model of Contract Breach, Performance and Optimal Reliance
Having discussed the role of contracts in promoting efficient bargains, we now turn
to a formal model of breach and reliance.
We assume that the parties do not specify damages in advance (becaus
On Eminent Domain-BECKER
The eminent domain clause of the Fifth Amendment of the U.S. Constitution states that
"Nor shall private property be taken for public use, without just compensation". This
clause allows private property to be taken for public use,