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.


See also