In 2011, a Tsunami Along the Japanese Coast Damaged Nuclear

Multiple Choice

In 2011, a tsunami along the Japanese coast damaged nuclear power plants that leaked dangerous radiation into the surrounding population. If this leakage could have been prevented, given a disaster of this level, which answer would be a Coasian solution to this externality?

A) the government fining the firm which owns the power plants
B) the injured demanding compensation through a class-action law suit
C) a ban on all future Japanese nuclear power plants and the shutdown of existing ones in Japan
D) None of these would be a Coasian solution.