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Coasian Bargaining

by Jadrian

Joan and John want to build a gazebo in their backyard, but it turns out the surveyors messed up the property lines and part of what they believed was their property actually belonged to their neighbors, Jerry and Pam. The easiest solution is to ask the neighbors for an easement, which would allow them to take over a portion of their property. The neighbors try to bargain and offer a price of $5000, but it seems past bad blood makes the exchange more difficult.

Life in Pieces -- Property Rights

Joan and John are having trouble with their neighbors because of their property line

from Life in Pieces (2016)
Creator: Justin Adler
Distributor: Hulu
Posted by Jadrian
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