Problem
Suppose a government agency takes part of an individual's land, say for a highway, for which it must pay compensation. The "benefit offset" principle would allow the government to reduce the amount of compensation by the increase in value of the remaining portion of the land. Does this make economic sense? What if the increase in value of the untaken land exceeds the value of the taken land?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.