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Khan's Resort Hotel has a great view of a pine forest along a river bank. Suppose a commercial logger has purchased the pine forest and
Khan's Resort Hotel has a great view of a pine forest along a river bank. Suppose a commercial logger has purchased the pine forest and is planning to clear-cut the forest in a way that has a negative impact on the resort. Can the two parties arrive at a Coasian solution and if so, what is it?
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