Negative externality: Difference between revisions
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imported>Doug Williamson (Create the page. Source: Bank of England Quarterly Bulletin 2013 http://www.bankofengland.co.uk/publications/Documents/quarterlybulletin/2013/qb130302.pdf) |
imported>Doug Williamson (Add links.) |
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==See also== | ==See also== | ||
*[[Contagion]] | *[[Contagion]] | ||
*[[Free rider]] | |||
*[[Moral hazard]] | |||
*[[Negative selection]] | |||
*[[Systemic risk]] | *[[Systemic risk]] |
Revision as of 19:02, 10 August 2016
A negative externality is a cost or other disadvantage suffered by a participant in the economy, caused by the actions or failures of another, with which it had no contractual relationship.