英文文献:Using Rights Of First Refusal For Farmland Retention
英文文献作者:Duke, Joshua M.,Malcolm, Scott A.,MacKenzie, John
英文文献摘要:
How can rights of first refusal protect prime agricultural land? This paper develops a theory for valuing rights of first refusal based on compensation for foreclosing future demand, information asymmetry, and advance purchase of market share. A procedure is developed for governments to use these rights to prevent conversion.