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Suppose the owner of a boat, on seeing an impending storm, moored his boat to a dock without first obtaining the dock owner's permission. During

Suppose the owner of a boat, on seeing an impending storm, moored his boat to a dock without first obtaining the dock owner's permission. During the course of the storm, the boat did $500 worth of damages to the dock; but the boat (which was worth more than $500) was saved. The dock owner sued for damages and won. a . What assignment of the right to use the dock, and what rule for protecting that right (property rule or liability rule) are implied by the court's ruling ? b . Provide an economic justification for this decision .

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