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- Externality abstract "In economics, an externality is the cost or benefit that affects a party who did not choose to incur that cost or benefit.For example, manufacturing activities that cause air pollution impose health and clean-up costs on the whole society, whereas the neighbors of an individual who chooses to fire-proof his home may benefit from a reduced risk of a fire spreading to their own houses. If external costs exist, such as pollution, the producer may choose to produce more of the product than would be produced if the producer were required to pay all associated environmental costs. If there are external benefits, such as in public safety, less of the good may be produced than would be the case if the producer were to receive payment for the external benefits to others. For the purpose of these statements, overall cost and benefit to society is defined as the sum of the imputed monetary value of benefits and costs to all parties involved. Thus, unregulated markets in goods or services with significant externalities generate prices that do not reflect the full social cost or benefit of their transactions; such markets are therefore inefficient.".
- Externality thumbnail Diesel-smoke.jpg?width=300.
- Externality wikiPageExternalLink books?id=yxNgXs3TkJYC.
- Externality wikiPageExternalLink externality.
- Externality wikiPageExternalLink econ120.
- Externality wikiPageExternalLink Externalities.html.
- Externality wikiPageExternalLink www.externe.info.
- Externality wikiPageID "61193".
- Externality wikiPageRevisionID "605887891".
- Externality hasPhotoCollection Externality.
- Externality subject Category:Economics_terminology.
- Externality subject Category:Environmental_economics.
- Externality subject Category:Market_failure.
- Externality subject Category:Welfare_economics.
- Externality comment "In economics, an externality is the cost or benefit that affects a party who did not choose to incur that cost or benefit.For example, manufacturing activities that cause air pollution impose health and clean-up costs on the whole society, whereas the neighbors of an individual who chooses to fire-proof his home may benefit from a reduced risk of a fire spreading to their own houses.".
- Externality label "Efekty zewnętrzne".
- Externality label "Esternalità".
- Externality label "Externalidad".
- Externality label "Externalidades".
- Externality label "Externaliteit".
- Externality label "Externality".
- Externality label "Externalité".
- Externality label "Externer Effekt".
- Externality label "Экстерналия".
- Externality label "外部性".
- Externality label "外部性".
- Externality sameAs Externalita.
- Externality sameAs Externer_Effekt.
- Externality sameAs Externalidad.
- Externality sameAs Kanpokotasun_(ekonomia).
- Externality sameAs Externalité.
- Externality sameAs Eksternalitas.
- Externality sameAs Esternalità.
- Externality sameAs 外部性.
- Externality sameAs 외부성.
- Externality sameAs Externaliteit.
- Externality sameAs Efekty_zewnętrzne.
- Externality sameAs Externalidades.
- Externality sameAs m.0glxl.
- Externality sameAs Q275372.
- Externality sameAs Q275372.
- Externality wasDerivedFrom Externality?oldid=605887891.
- Externality depiction Diesel-smoke.jpg.
- Externality isPrimaryTopicOf Externality.