Wine growers everywhere fear spring frosts. New vine buds emerge in the spring and are highly susceptible to freezing temperatures which can kill them and result in significant crop loss for the year.
Most economic externalities can be efficiently solved through a system of private property rights, in which costs and benefits can be negotiated.
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 ...
Log-in to bookmark & organize content - it's free! Senator Sheldon Whitehouse (D-RI) addresses negative externalities with U.S. Trade Representative Jamieson Greer. Senator Sheldon Whitehouse (D-RI) ...
Log-in to bookmark & organize content - it's free! The Senate Environment and Public Works Committee on Chemical Safety and Waste Management convened the hearing on plastic production and pollution.
Al Gore and David Blood’s op-ed “ESG Investing Is Consistent with Fiduciary Duty” (Nov. 9) includes two examples that highlight the best way to handle externalities, the economic term for costs ...
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