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Economic problem as it pertains to the garden

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In Guille v Swan (1882) the plaintiff sued for damages to his vegetable garden. It seems that the defendant accidently landed a hot air balloon in the garden. A crowd gathered to help, and the vegetables were trampled.

a. Explain the economic problem as it pertains to the garden, the balloon and the crowd.

b. Explain the property right at issue.

c. Does the Coase Theorem apply to this case. Explain and be specific.

Reference no: EM132404668

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