Near leg and Negative externality: Difference between pages
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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. | |||
==See also== | |||
*[[Contagion]] | |||
*[[Moral hazard]] | |||
*[[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.
