“…The consequences of insecure property rights to land discussed in this section are by no means a complete list of all the ways in which rents are dissipated and inefficiencies created due to the lack of better rules, norms, and institutions. Other examples are lobbying and rent-seeking expenses (ARAUJO JUNIOR et al, 2008;ONDETTI, 2008;ALSTON et al, 2010;ALBERTUS et al, 2015), and human suffering (WOLFORD, 2010). Many other examples are sure to exist, and this is still an active area of research.…”