internalizing an externality

См. также в других словарях:

• externality — externality, externalities In economic theory it is generally recognized that some of the costs and benefits of economic activities (production, exchange, and the like) are not reflected in market prices. So, for example, air pollution caused by… …   Dictionary of sociology

• Externality — External redirects here. For other uses, see External (disambiguation). In economics, an externality (or transaction spillover) is a cost or benefit, not transmitted through prices,[1] incurred by a party who did not agree to the action causing… …   Wikipedia

• Coase theorem — In law and economics, the Coase theorem (pronounced /ˈkoʊs/), attributed to Ronald Coase, describes the economic efficiency of an economic allocation or outcome in the presence of externalities. The theorem states that if trade in an externality… …   Wikipedia

• Social cost — In economics social cost is defined as the sum of private and external costs. Economic theorists ascribe individual decision making to a calculation costs and benefits. Rational choice theory assumes that individuals only consider their own… …   Wikipedia

• Carbon tax — Part of a series on Green economics Concepts …   Wikipedia

• Market failure — is a concept within economic theory wherein the allocation of goods and services by a free market is not efficient. That is, there exists another conceivable outcome where a market participant may be made better off without making someone else… …   Wikipedia

• Missing market — Economics …   Wikipedia

• Pollution market — A Pollution Market is a method of partly internalizing the costs a negative externality (such as pollution) by setting up a government designated maximum amount of the specified activity and then auctioning or selling tradable permits to engage… …   Wikipedia