Negative externality: Difference between revisions
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imported>Doug Williamson (Add links.) |
imported>Doug Williamson (Amend links.) |
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==See also== | ==See also== | ||
*[[Contagion]] | *[[Contagion]] | ||
*[[Moral hazard]] | *[[Moral hazard]] | ||
*[[Systemic risk]] | *[[Systemic risk]] | ||
Revision as of 19:05, 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.
