externality
externality
Definition
ex·ter·nal·ity (eks′tər nal′ə tē)
noun
- the quality or state of being external
- pl. -·ties an external thing
externality
Usage Examples
Converse of object
- internalize: There are a number of methods of internalizing externalities.
- associate: Note that these changes are small relative to the changes in the externalities associated with recycling.
- generate: Or even they could be generating positive externalities for each other.
- create: In sports, excess incentives to win can create negative externalities.
- include: Charge them the real cost ( including externalities ) of their traveling.
- have: Concerns were raised whether Faculty Postgraduate Studies Committees had sufficient externality to hear appeal against the results of the coursework component of Masters degrees.
Preposition: in
- consumption: Yet, where there are externalities in consumption the decision to consume is essentially dynamic in nature.
Adjective modifier
- negative: Negative externalities are the costs to a third party of economic decision making.
- positive: Adding marginal positive externalities to D gives social marginal benefit.
- environmental: This document was really focusing on the environmental externalities.
- significant: The state of Britain's road and rail system represents a significant negative externality for what is the fourth largest economy in the world.
- such: Green taxation is one way of dealing with such externalities.
- other: However, the impact of internalization of other externalities has not been assessed.
Modifies a noun
- adder: Certainly, this reveals a limitation of ' externality adders ' approaches.
- cost: Externalities Costs or benefits that affect society but are not included in the market price of a good or service.
Noun used with modifier
- consumption: The loud music produced by the young person is a negative consumption externality to the older person.
- transport: However, for a first best solution road transport externalities should also be subject to direct charging.
- network: Others have analyzed the importance of network externalities on the demand side ( Arthur 1985, David 1985, etc.
- production: This paper combines both approaches in a nonlinear model with multiple steady states due to a production externality.
- market: The World Bank sees its ICR activities as public goods which make up for under-provision by the market due to market externalities.
Browse dictionary entries near externality
- externalism
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- externals
- exteroceptor
- exterritorial
- extinct
- extinction
- extinctive
- extinguish
- extinguisher
- extirpate
