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Transaction costs of enclosure.
§Voluntary enclosure.
§Required unanimity, side-payments.
§Complex property law geared to protect hereditary estates from profligate descendants.
§Enclosures with highest net benefits take place first.
§Parliamentary enclosure.
§Case-by-case exemption from common law.
§Majority not unanimity.
§A form of eminent domain.
§Not important until mid-18th century.
§“Hardest” enclosures Parliamentary.