When the Dallas Cowboys decided on Arlington, Texas as the home for their new stadium in 2005, the City of Arlington used eminent domain to acquire property from individuals who were either unwilling to sell or demanded what the city deemed were unreasonable prices for their property. In this situation, eminent domain

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Eminent domain in this context reduced transactions costs by avoiding prolonged negotiations, solved the holdout problem by compelling property owners to sell, and accelerated the stadium construction process by ensuring timely acquisition of the necessary land.

When the Dallas Cowboys Decided on Arlington, Texas as the Home