This book discusses development and land acquisitions in India and analyzes a conceptual framework based on “paradox of values” and “plural value of land.” The research links the issue of valuation to its roots in classic economic theory and to its individual perception.
Sattwick Dey Biswas is Research Fellow at the Institute of Public Policy (National Law School of India University), India.
1. Mysteries of valuation.- 2. Value: The epistemology.- 3. Value: The marginal revolution.- 4. Value: The contemporary ideas.- 5. The empirical context: Cases, legal context and theory of science.- 6. Empirical evidence: Relationship, attributes and plural values of land.- 7. Empirical evidence: Negotiations, Smith’s value and limits of monetary price.- 8. Empirical evidence: Future and ideal values of land.- 9. Conclusions.