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In this week’s module, you are learning about the Coase Theorem and the potential for private negotiation as a solution to pollution-related market failures. For this discussion board activity, read the New York Times article Trees block solar panels (Links to an external site.).
After reading the article, compose a discussion board post where you address three (3) questions where you will apply the concepts learned this week.
Step 1. Read the New York Times article (Links to an external site.) (10 minutes)
Step 2. Address the following questions in a discussion post:
What is the property right created by 1978 Solar Shade act? (1 point )
Who has the property right? (1 point)
Who/what would you consider the “polluter” and what is the “pollutant”? (2 points)
Compose an explanation with at least two pieces of evidence (think Coase Theorem) from the article that might justify why this instance is the first time in 34 years people ended up in court over this law. (4 points )
Step 3. Peer review. You will be automatically assigned to one (1) of your classmates to peer review their discussion post.
