Sentence examples for harmful externalities from inspiring English sources

Liability, in contrast, has great importance in controlling harmful externalities.

Although the corrective tax has long been viewed by economists as a desirable remedy for the problem of harmful externalities.

Steven Shavell, Corrective Taxation versus Liability as a Solution to the Problem of Harmful Externalities, 54 J.L. & Econ.

We add self-reporting to the model of the control of harmful externalities through probabilistic law enforcement, and we characterize the optimal scheme.

The traditional view of economists has been that corrective taxes are superior to direct" regulation of harmful externalities when the state's information about control costs is incomplete.

Taxation and liability are compared as means of controlling harmful externalities, with a view toward explaining why the use of liability predominates over taxation.

Cargo cycles can play a significant role in supplying urban centers, helping to decrease harmful commercial transport externalities.

He stressed that actions with harmful side effects — negative externalities, in economists' parlance — are quintessentially practical problems.

Bad externalities harm society.

But he spent most of his career at the University of Chicago, where he was revered by its many free-market enthusiasts as the world's foremost authority on behavior with harmful side effects, or negative externalities, as economists call them.

Some of these harmful side effects are what economists call "externalities," or costs that are not incorporated into the market price.