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  2. Property rights (economics) - Wikipedia

    en.wikipedia.org/wiki/Property_rights_(economics)

    Property rights are constructs in economics for determining how a resource or economic good is used and owned, [1] which have developed over ancient and modern history, from Abrahamic law to Article 17 of the Universal Declaration of Human Rights.

  3. Externality - Wikipedia

    en.wikipedia.org/wiki/Externality

    In economics, an externality or external cost is an indirect cost or benefit to an uninvolved third party that arises as an effect of another party's (or parties') activity.

  4. Lucas v. South Carolina Coastal Council - Wikipedia

    en.wikipedia.org/wiki/Lucas_v._South_Carolina...

    The majority found that: (1) Deprivation of all economically beneficial use is, from the perspective of a property owner, deprivation of the property itself. (2) When all economically beneficial use is restricted, it is difficult to assume that the legislature is simply "adjusting" economical benefits and burdens.

  5. Coase theorem - Wikipedia

    en.wikipedia.org/wiki/Coase_theorem

    In law and economics, the Coase theorem (/ ˈ k oʊ s /) describes the economic efficiency of an economic allocation or outcome in the presence of externalities.The theorem is significant because, if true, the conclusion is that it is possible for private individuals to make choices that can solve the problem of market externalities.

  6. Market failure - Wikipedia

    en.wikipedia.org/wiki/Market_failure

    Different economists have different views about what events are the sources of market failure. Mainstream economic analysis widely accepts that a market failure (relative to Pareto efficiency) can occur for three main reasons: if the market is "monopolised" or a small group of businesses hold significant market power, if production of the good or service results in an externality (external ...

  7. Today's Wordle Hint, Answer for #1275 on Sunday, December 15 ...

    www.aol.com/todays-wordle-hint-answer-1275...

    Hints and the solution for today's Wordle on Sunday, December 15.

  8. Prior-appropriation water rights - Wikipedia

    en.wikipedia.org/wiki/Prior-appropriation_water...

    Then the purchaser of the water right could only use the water in the same season as when the right was established. In addition, the state may put additional conditions on the use of the water right to prevent polluting or inefficient uses of water. [6] Beneficial use is commonly defined as agricultural, industrial or household use.

  9. Failed ATM robbers crash truck into Walgreens storefront ...

    www.aol.com/news/failed-atm-robbers-crash-truck...

    The attempted robbery took place just before 5 a.m. on Dec. 9, according to ABC News' Washington affiliate KOMO. It involved a flatbed truck backing into and shattering the front windows of the ...