Sentence examples for externality argument from inspiring English sources

Yet the case for such a policy cannot rely on a conventional externality argument.

The externality argument is in many respects just a highfalutin way of expressing revulsion that anyone should be so profane as to attempt to measure the returns on something as ineffable as education.

Brookings Institution senior fellow Henry J. Aaron observed, Several of the justices, notably Scalia and Alito, responded to the externalities argument by saying that every economic transaction creates similar externalities.

Professor John Geanakoplos: So one critical shortcoming of this argument is that there are externalities.

Goods that involve negative externalities tend to be oversupplied.This kind of argument is invoked to make sense of "sustainable development" and the claims pressed on business by that idea.

This further supports our argument that the TTF model integrating with network externalities is a viable model for this study.

There are no such externalities with respect to broccoli, and that is precisely why Justice Scalia's strawman argument is flawed.

But in this particular case, the argument in favour of Hiawatha is strong even before we start talking about externalities.

There is, however, an altogether different argument for these taxes: that when someone consumes such goods, he does impose a negative externality — on the future version of himself.

Central to this approach is the argument that a major, if not the primary, aim of regulation is to internalize externalities, or in a broader context, to repair market failure.

Despite these terrifying issues, the argument has been made that economic progress is worth the trade-off, that such externalities are simply the price to be paid for growing an economy in a developing nation.