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orthonormal comments on Typical Mind and Politics - Less Wrong
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If there's no public regulation of noise, and I feel like being noisy, why would I offer to pay a quiet-liker? I'll just be noisy and stop if someone pays me to. The situation isn't symmetric, because the quiet-liker wants the noise-maker to change their default behavior, but the noise-maker doesn't care about the quiet-liker's default behavior.
Regulation is different from property rights. People could have a property right to make noise, or to prevent noise, or there could be regulation to set a given level of noise or quiet.