13. A homeowner is piling debris near his lot line.

It would be $300 worth of trouble to put it elsewhere. The next-door neighbor is worried that the unsightly debris drops $5,000 from the market value of the home she’s trying to sell.

a. How might the two parties voluntarily resolve this conflict?

b. If the local homeowners association prohibits debris piles, how is the dispute likely to get resolved? Is this a socially beneficial solution?