RT @random_eddie: I don't see "loudness" as something you have a reasonable expectation of avoiding, any more than "ugliness".
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Replying to @MorlockP
This is, I grant, not a matter of objective "natural law", but cultural norms.
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Replying to @MorlockP
However my game theory argument holds true: if 100 people dislike and 1 person generates, he's creating externalities.
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Replying to @random_eddie
I, of course, have Coase deeply in mind. Note, tho, that Coase says "in low transaction cost environs", AND notes diff rights
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Replying to @MorlockP
In high transaction cost worlds, proper utilitarian picking of norms/rights creates value.
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Objectively laws against littering may infringe on natural law...yet law is good on utilitarian grounds. @random_eddie
6:46 AM - 31 Jul 2014
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