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 ...

If the same analytical “tool”, when placed in the hands of different people, tells us two radically different things, such as ...

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 ...

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.

An externality is an effect on a third party that is not directly related to a transaction or an economic activity. That effect can be negative or positive. The classic negative example is when a ...