…the hydrologic externalities that arise from a change in water use (e.g., increased irrigation efficiency or canal lining). I am focusing in the canal seepage/lining scenario. My question is, in…

Peter Dorman at Econospeak describes a common example of thought experiments on markets and externalities, and concludes with “More complex considerations that take into account dynamics, interaction effects and the…

…implied,” remarked Joan Martinez-Alier, “from a business point of view, externalities are not so much market failures as cost-shifting successes.” From that perspective, the IAWG’s $21 a ton estimate of…

I have always been leery of libertarians, finding that most of them come from one of two infuriating groups: those who pretend negative externalities are trivial and (a much smaller…

…in which expenditures on remediating environmental damage adds to GDP even though no subtraction was recorded for the damage itself.[12] Antoci and Bartolini analyzed the cumulative role of negative externalities…

…patient. The non obvious effect was more small pox. This also shows the importance of externalities and the difficulty of learning from simple experiments when there are externalities. The bottom…

…and no externalities (so you don’t care if I decide to end it all by releasing a ton of nerve gas) and symmetric information (so you know exactly how much…

…a Public Benefit Organisation, that promotes the reflection of negative externalities in price mechanisms (True Price, n.d.). From April to June in 2023, they held an experiment at three different…

…diagnosing and addressing climate change and its externalities, emphasizing the limits of knowledge and the risks of unintended consequences from well-intentioned policies.” Sowell, in his NCFME manner, worries more about…

…natural gas, other than the odd city bus or garbage truck in random municipalities? The answer is a simple but unpleasant one. See, we in the US would label the…