Examples of the the word, externality , in a Sentence Context
The word ( externality ), is the 17067 most frequently used in English word vocabulary
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- And analysis. Congestion is considered a negative externality by economists. An, externality ,occurs when a transaction causes costs or benefits to third party, often
- Released in 1917,1919 and 1969. Cast Notes External links In economics,an, externality ,(or transaction spillover) is a cost or benefit, not transmitted through
- Services should remain in the hands of the private sector. There is a positive, externality ,when the government provides public goods and services to society at large
- Significant market power, if production of the good or service results in an, externality , or if the good or service is a" public good ". Monopolies Agents in a market
- Their pension funds, in order to push the costs onto someone else, creating an, externality , Here, the " cost" is that of providing minimum social welfare or retirement
- Displeasure or potentially explicit costs, such as higher medical expenses. The, externality ,may even be seen as a trespass on their lungs, violating their property rights.
- Is that when costs of input factors of production go down,it's a positive, externality ,for all the firms in the marketplace, outside the control of the firms.
- In economic terms, pollution from fossil fuels is regarded as a negative, externality , Taxation is considered one way to make societal costs explicit, in order to
- Systems to potentially hazardous climate change is a significant negative, externality ,which is difficult to evaluate quantitatively, making it difficult (but not
- Can be illustrated using a standard supply and demand diagram if the, externality ,can be valued in terms of money. An extra supply or demand curve is added, as
- Should not diminish market freedom because they disagree on what is a market, externality ,and what are government-created externalities, and disagree over what the
- As the Speed Report. Congestion is not limited to road networks; the negative, externality ,imposed by congestion is also important in busy public transport networks as
- Cost-benefit analysis result if the cost to recipients is excluded as an, externality ,the spammer can avoid paying. Cost is the combination of * Overhead: The costs
- Of pollution or the positive effects of education. What exactly constitutes an, externality ,may be up for debate, including the extent to which it changes based upon the
- Of a tax can increase economic efficiency in some cases. If there is a negative, externality ,associated with a good, meaning that it has negative effects not felt by the
- Economics-based research and analysis. Congestion is considered a negative, externality ,by economists. An externality occurs when a transaction causes costs or
- Harms society when assessing their own costs. This leads to a negative, externality ,as marginal social cost exceeds the firm's marginal cost (MSC = Firm's
- External benefits The graph below shows the effects of a positive or beneficial, externality , For example, the industry supplying smallpox vaccinations is assumed to be
- Should be internalized—unless some benefits of this positive, externality ,can be captured by the parties, the parties will be under-rewarded for their
- The costs associated with the goods' production. A tax on a negative, externality ,is called a Nigerian tax, and should equal the marginal damage costs. Within
- Economics-based research and analysis. Congestion is considered a negative, externality ,by economists. Environment effects Highways are extended linear sources of
- A positive externality or external benefit, while a cost is called a negative, externality ,or external cost. In these cases in a competitive market, prices do not reflect
- In the market. External costs The graph below shows the effects of a negative, externality , For example, the steel industry is assumed to be selling in a competitive
- Systems to potentially hazardous climate change is a significant negative, externality ,which is difficult to evaluate quantitatively, making it difficult (but not
- To be smaller and more localized. Pollution as an Externality By definition,an, externality ,is an activity of one entity that affects the welfare of another entity in a
- In the community. Positive Examples of positive externalities (beneficial, externality , external benefit, external economy, or Merit goods) include: * A beekeeper
- Its own does not allocate resources efficiently. Market failure occurs when an, externality ,is present and a market will either under-produce a product with a positive
- Action causing the cost or benefit. A benefit in this case is called a positive, externality ,or external benefit, while a cost is called a negative externality or external
- The more valuable the telephone is to each owner. This creates a positive, externality ,because a user may purchase a telephone without intending to create value for
- People whose house fire they responded to, would arguably provide a positive, externality ,to the entire community at the expense of an unlucky few who actually had to
- A Nigerian tax is a tax imposed that is equal in value to the negative, externality , The result is that the market outcome would be reduced to the efficient amount
- Rider problem. Positional externalities refer to a special type of, externality ,that depends on the relative rankings of actors in a situation. Because every
- Of pollution or the positive effects of education. What exactly constitutes an, externality ,may be up for debate, including the extent to which it changes based upon the
- Is an available deduction from the income tax. *Education creates a positive, externality ,because more highly educated people are less likely to engage in violent crime.
- Value of the same product owned by others, the phenomenon is called a network, externality ,or a network effect. Network externalities often have" tipping points" where
- There are several reasons for this to occur. One reason is to internalize an, externality ,problem. A common example is of such an externality is double marginalization.
- A matter of eliminating the ambiguity by making oneself pure unwariness or pure, externality , by escaping from the sensible world or being engulfed by it, by yielding to
- In some countries and/or legal traditions). On the other hand, a positive, externality ,would increase the utility of third parties at no cost to them. Since
- Making use of public air. Traffic Congestion is a negative, externality ,caused by various factors. A 2005 American study stated that there are seven
- Purchased, you will not receive the fire service. The optimal solution to this, externality ,would be to instead charge a mandatory tax rather than an optional fee. *The
- Goods) include: * A beekeeper keeps the bees for their honey. A side effect or, externality ,associated with his activity is the pollination of surrounding crops by the
- Reason is to internalize an externality problem. A common example is of such an, externality ,is double marginalization. Double marginalization occurs when both the upstream
- Costs given to the individual firms or producer. Examples Negative A negative, externality ,is an action of a product on consumers that imposes a negative side effect on a
- Dioxide emissions. In economic theory, pollution is considered a negative, externality , a negative effect on a party not directly involved in a transaction, which
- Cost) to their home. *Some studies find that homeownership creates a positive, externality ,in that homeowners are more likely than renters to become actively involved in
- Philosophy. For externalization (of cost),in the context of economics, see, externality , Externalization means to put something outside its original borders
- Goods (in this case hydrocarbon fuels) which were the source of the negative, externality ,(carbon dioxide) to accurately reflect the cost of the goods '
- Per se. In economics and business, a network effect (also called network, externality ,or demand-side economies of scale) is the effect that one user of a good or
- An appropriate mechanism to deal with this problem (i.e. to internalize the, externality ,) by allocating scarce roadway capacity to users. Capacity expansion is also a
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