But if Progressive's PAYD insurance can induce some of its high-mileage customers to drive less and especially to drive more safely, resulting in smaller claims payouts for Progressive and fewer negative externalities for everyone, then it could truly be a win-win-win situation.
Their scale is relatively smaller however, they are often less distortionary, have fewer negative externalities and are harder to compare across countries.
The promotion of sustainable alternatives to motorized individual mobility has been seen in the past few decades as one of the cornerstones in a strategy to reduce the negative externalities related to the transportation sector.
If we make that path profitable by incorporating global warming's negative externalities into the price of carbon, developing countries will shift to alternative energy sources for development, and a few decades down the road, nobody will regret the choice.(Photo credit: AFP).
Driving always involves negative externalities.
What are the negative externalities of driving?
But polygamy may pose some negative externalities.
Economists call these effects negative externalities.
Gun rights seem like a plain case of negative externalities.
In the same vein, taxation sets up a bunch of incentives and has negative externalities.
