In the case of pollution—the traditional example of a negative externality—a polluter makes decisions based only on the direct cost of and profit opportunity from production and does not consider the ...
In the case of pollution—the traditional example of a negative externality—a polluter makes decisions based only on the direct cost of and profit opportunity from production and does not consider the ...
Nature Communications, Vol. 13, Issue. 1, This innovative book models pollution mitigation as a negative externality whilst also providing desirable and useful solutions, such as establishing the ...
This innovative book models pollution mitigation as a negative externality whilst also providing desirable and useful solutions, such as establishing the triangular equivalence relationship among the ...
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 ...
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