Abstract
In this chapter, the everyday valuation procedure is also discussed, the negotiations which take place between potential sellers and buyers are captured along with Smith’s paradox of value (1766/1896, 176–177) empirically tested.
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Notes
- 1.
The reason behind giving up land even when the livelihood of the future generation is not secure is explained on pages 191–192.
- 2.
The heading of the section is inspired by this emerging theme.
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Dey Biswas, S. (2020). Empirical Evidence: Negotiations, Smith’s Value, and Limits of Monetary Price. In: Land Acquisition and Compensation in India. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-29481-6_7
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DOI: https://doi.org/10.1007/978-3-030-29481-6_7
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