Warning: You are not logged in. Your IP address will be publicly visible if you make any edits. If you log in or create an account, your edits will be attributed to your username, along with other benefits. Anti-spam check. Do not fill this in!The story can be taken being about moving a limit fenceFootnote 3 that divides a cattle farm from a crop farm lot, to make sure that the value of the livestock and plant product can be optimized. Coase's objective is to show that in taking care of land use disputes, personal settlement by an exchange of de jure civil liberties relating to the positioning of the limit fencing (Coasian exchange) can be a better different to zoning or [http://pathwel.co.kr/bbs/board.php?bo_table=free&wr_id=630681 Faulkner Surveyors Party Wall Legal Advice] a court fight. And it is so since it maximizes the joint value output of both plots of land instead of passively separating both usages or punishing the offender under the dominating legislation. 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