Question: Caithness Energy a big company from New York is building

Caithness Energy, a big company from New York, is building wind farms in eastern Oregon. Prior to construction the company offers residents $ 5,000 each to sign a waiver saying they will not complain about excessive noise from the turning wind turbines [Yardley, 2010]. Analyze this offer in terms of the Coase Theorem.

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  • CreatedMarch 25, 2015
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