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Damage which they would carry out in conditions when cattlemen would not be Are obliged to pay indemnification. If it is correct, my conclusions remain
The invariable. If after the accepted measures on softening of a damage it is necessary to cattlemen
To incur expenses on 70 dollars for full elimination of a damage (at
The assumption that as a whole a damage is more 70 dollars), and farmers are capable to reach
The same for 20 dollars, value of manufacture it will be obvious on 50 dollars more in that
Case when cattlemen are not obliged to indemnify a loss, so, farmers
Will force to take measures on damage prevention. Certainly, with other numbers
The situation in which value of manufacture will appear it can be created
In case of responsibility of cattlemen.
- also has assumed that my conclusion is incorrect, as in the analysis I
I use not an optimum rule about responsibility Zerbe Richard it Jr.,
"The Problem of Social Cost Fifteen Years Later" in Theory, Measurement of
Economic Externalities and p. 33. This objection is based on essence misunderstanding
About responsibility also cannot be optimum. It is possible to imagine that in the world
Detection and disclosing of all those measures which will lead to value growth
Manufactures, the information necessary for calculation of an optimum rule
Responsibility, it will appear though also accessible, however excessive, as in it
The world value of manufacture will be maximised at any rules about
The different parties there are no stimulus (or there are only weakened stimulus)
For disclosing of the information which is necessary for a formulation optimum
Responsibility rules. In practice they can and not know about this information,
As for who does not have stimulus for information disclosing, there are no also reasons
For its detection. The information necessary for realisation of transaction,
Which cannot be carried out, will not be going to.
Shows that placing of resources remains to the same irrespective of legal
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