Negative externality: Difference between revisions
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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. | 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. | ||
Examples include various kinds of environmental pollution. | |||
==See also== | ==See also== | ||
*[[Contagion]] | *[[Contagion]] | ||
*[[Externality]] | |||
*[[Moral hazard]] | *[[Moral hazard]] | ||
*[[Systemic risk]] | *[[Systemic risk]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
[[Category:Financial_products_and_markets]] | |||
Latest revision as of 19:00, 5 January 2021
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.
Examples include various kinds of environmental pollution.
