Assignment:
1. Suppose that two people choose to litigate a dispute. Should the law presume that if two parties are prepared to litigate, transaction costs must be high, and therefore the court should choose damages as the remedy, not an injunction?
2. If everyone has free access to a public beach, who, if anyone, has the power to control the use of this resource?
3. Discuss how to adjust private and public property rights to promote ecotourism in Africa.