|relevant research · login| We Just Disagree - Billy Dean So
let's leave it alone, As the song notes, sometimes "we just
disagree". In economic life people often disagree about how
resources should be used. Some may want to use a tract of land
to build houses, another to farm, and still another may want to
have the land used as a nature preserve. In his article, The
Problem of Social Cost, Ronald Coase talks about the "reciprocal
nature of the problem". What does Coase's insight tell us about
how disagreements can be settled efficiently? What barriers
exist to solving these problems efficiently in real life? [Will
Luther assisted with this assignment.]