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13 September, 11:00

Fly ash from a thermal power utility is settling in the surrounding fields and destroying the barley that farmers have planted there. the law is on the farmers' side, but the price of eliminating the fly ash pollution is greater than the price of the barley that is destroyed. a coase solution would suggest that

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  1. 13 September, 14:07
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    Since the cost of cleaning the pollution caused by the thermal power utility plant is higher than the destroyed barley, the Coase solution would suggest that the farmers should not put up with the price for the loss of their barley.
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