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There are two divorce laws, a and b. under a, it takes only one person to agree to a divorce and the divorce is granted. under b, it takes two persons to agree to a divorce before it is granted. according to coase, a. there will be the same number of divorces under both laws if transaction costs are zerob. there will be more divorces under law ac. there will be more divorces under law bd. taxes should be imposed on those parties who seek divorcese. subsidies should be granted to those persons who unwillingly get divorces
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There are two divorce laws, a and b. under a, it takes only one person to agree to a divorce and the...
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