The economic doctrine of “externalities” has become an excuse for governments to intervene economically in heavy-handed ways, all in the name of “saving” the ...

Learn how economists measure externalities using equilibrium models, cost assessments, and qualitative methods. Gain insight into real-world and theoretical impacts.

Consumption, production, and investment decisions of individuals, households, and firms often affect people not directly involved in the transactions. Sometimes these indirect effects are tiny. But ...

The framing of this subject is a little weird, because I don't care what the economic value of Google's positive externalities are. But this valuation would map basically 1:1 to my problem... I've ...

The COVID-19 pandemic has highlighted the high costs that unchecked externalities – such as those resulting from people not wearing face masks – can impose on an economy and society. Economists must ...

Michel J. G. van Eeten and Johannes M. Bauer (2008): Economics of Malware: Security Decisions, Incentives and Externalities. STI Working Paper, 2008/1, Information and Communication Technologies, ...