Sentence examples for no externality from inspiring English sources
This is due to our assumption that electricity generation from RE produces no externality.
We assume that RE source, particularly solar PV, produces minimal or nearly no externality.
If there is no externality at all, a resident's behaviour is determined at the private optimal point e p where the MPB curve meets the MC curve.
In the case of Bertrand oligopoly, we should expect to see networks in which one firm derives benefits from externalities of all other firms while the latter get no externality.
No externalities or direct non-medical costs were included.
There would be no rent accruing to the employer-side and, hence, no externalities in case of labor turnover.
Community A has a free exchange of goods: each household maximizes its utility function and there are no externalities.
Apart from this formal analysis of rights, economic theory is not very well connected to libertarian philosophy, since economic models show that, apart from the very specific context of perfect competition with complete markets, perfect information, no externalities and no public goods, the laisser-faire allocation is typically inefficient and arbitrarily unequal.
That is, there exists a coalition S and two embedded coalitions (( S,{mathcal{P}}),left( S,{mathcal{P}}^{prime}right) ) such that (vleft( S,{mathcal{P}}right) neq vleft( S,{mathcal{P}}^{prime}right). ) A game is with no externalities if and only if, for each coalition S, the worth of S is independent of the way the other players are organized.
(In general equilibrium theory, individual markets interact with one another and an equilibrium price exists if there is perfect competition, no externalities, and perfect information).
We assume a societal perspective of the cost-effectiveness analysis [ 11] and suggest that if we are operating in a society where there are no externalities such as transfer payments, a CEA based on QALYs that include the value of consumption (and the value of leisure time) should not include the cost of consumption, as there are no opportunity costs to other parties.
