When property rights are insecure, "gains that would otherwise be available from exchange instead will be dissipated by searches for and defenses of takeable
assets, and resources available for investment will be diverted toward less takeable
uses."(184) That is, in practice, if existence value becomes legally recognized, new incentives are unleashed for parties to attempt to grab resources.
Takings discourage investment in takeable
assets and create deadweight
An edge flew between slip and gully on 23, and if Alex Barrow is not kicking himself for dropping a takeable
change of 46, there will be no shortage of volunteers.
In the second minute of added time, from a Cairney free-kick, the ball dropped from a crowd of players perfectly for Dann but he miskicked horribly from takeable
He is 8-13 to win in straight sets and that is takeable
to modest stakes.
It is estimated there are up to 9,000 tonnes of takeable
cockles on the Dee Estuary currently worth between pounds 200 and pounds 300 per tonne.
Owen topped a takeable
chance, Gerrard twice had punters ducking from long range, and Frank Lampard combined with Beckham to completely waste an indirect free-kick from inside the penalty area.