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An externality is a cost or benefit that is caused by one party but financially incurred or received by another. Externalities can be negative or positive. A negative externality is the indirect ...
She is a FINRA Series 7, 63, and 66 license holder. Production externality refers to a side effect from an industrial operation, such as a paper mill producing waste that is dumped into a river.
The tricky idea was what economists call a "positive externality" - something good that a free market won't produce enough of, meaning that the government might want to subsidise it. For James ...
As a result, there are differences between private returns or costs and the returns or costs to society as a whole. In the case of pollution—the traditional example of a negative externality—a ...
As a result, there are differences between private returns or costs and the returns or costs to society as a whole. Negative and positive externalities In the case of pollution—the traditional example ...
The architecture of securities clearing and settlement in the United States creates an externality: investors do not always bear the full cost of settlement risk for their trades and can impose some ...
Ling, Xi, Wesley R. Hartmann, and Tomomichi Amano. "Preference Externality Estimators: A Comparison of Border Approaches and IVs." Management Science 70, no. 11 (November 2024): 7892–7910.
In 2020, Thomas Firey at the Cato Institute wrote: “Given the seriousness of the Covid-19 negative externality, legally mandating masks and distancing is appropriate”. In 2020 also ...
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