... right to the farmers, we force the ranchers to compensate the farmers for the damage to their crops. Because of these side payments, the differentassignment of rights makes its mark on the profitability ... exclude their liability for the losssuffered by the farmers), we force the various farmers to bribe the ranchersinto reducing the number of animals in their herds. Conversely, by assigning the ... fact, to observe that the absence of barriers to the entry of newenterprises into the market does not represent, by itself, an obstacle to the functioning of Coase’s model. The problem arises only...