Learn how externalities impact economics, with examples of positive and negative outcomes, and explore solutions like taxes, ...

Al Gore and David Blood’s op-ed “ESG Investing Is Consistent with Fiduciary Duty” (Nov. 9) includes two examples that highlight the best way to handle externalities, the economic term for ...

The idea that economists do not care about externalities is a strange one, given how prominently they are featured in economics textbooks. An externality is, simply put, a spillover effect.

This paper reviews life cycle analyses of alternative energy technologies in terms of both their private and societal costs (that is, inclusive of externalities and net of taxes and subsidies). The ...

Explain the concept of income elasticity of demand and explain what YED figure you would expect for a luxury fashion resale item Draw a positive externalities of consumption diagram for second ...