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) |
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Revision as of 19:01, 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.
