externalities

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externalities

side-effects, either harmful or beneficial, borne by those not directly involved in the production of a commodity.

Patient discussion about externalities

Q. Can I catch pneumonia, if I go outside with wet hair? My Mother used to tell me when I was a kid that if I go outside with wet hair, I will catch pneumonia. Is this true?

A. Are you seiously, Ann? I mean, I'm sure y're wet hair make Pneumonia?...I sorry this is not true.

Q. Is it possible to show external symptoms with a food allergy? The research I've done only mentions irritation of the throat and mouth, wheezing, etc. But is it possible to develop hives and itching on your back, arms, legs, but not have any irritation in your throat, mouth, etc, when you're affected by a food allergy, such as soy? Also, is it possibly a food allergy if the hives take a long time to go away, maybe a day or two?

A. Yes, it is possible. This exact same thing happens to me when I eat avocado products.
My skin whelps up, turn's red and itches like nothing else...
I hope that this helps and good luck with your allergies!

Q. i'm 21 years old, and my penis outer skin covers the shaft. Is it natural to have like that? from my young age the outer skin of my penis covers my shaft, and only a little of the tip is exposed even if i try to pull the skin upwards. Is it natural to have it like that? I've seen in all porn movies and other sex videos that for all those guys the outer skin can be pulled up half the way. Will this affect my sex life?

A. i went through that link. But still i'm not clear. The flash video shown over there is different from what I can see with my penis. In the video the foreskin can be pulled a long way, and the head of the penis is fully exposed. But this doesn't happen with me. Even at erect stage, my head is exposed only a little bit( like in the first part of first picture ). Can someone give more info?

More discussions about externalities
References in periodicals archive ?
We examine whether existing renter contracts internalize the intertemporal externality that a renter's decisions today impose on future renters and the landowner, and analyze the implications of renting versus owning land on welfare.
The Nollan/Dolan standard validates such a fiscal motive in principle, provided that the measure taken corresponds in both nature and scope to the specific fiscal externality generated by the proposed development.
In our model, aggregate consumption externality (ACE) prompts a flatter curve worsening the central banker stabilization task.
Second, even the infliction of negative externalities does not always constitute a justice-sensitive externality.
Since the heterogeneity of the accident externality from driving cannot be analyzed through aggregate data, we adopt individual-level data.
That is, if an act results in a negative externality, refraining from that act necessarily creates a positive externality, and vice versa.
Columns 1 through 4 show that the number of stores that go out of business after a big-box bankruptcy is significantly higher in compact towns than in non-compact ones (Panel A), even though the radial externality does not differ significantly, while Panel B shows that no such difference exists within a one-mile radius.
The Pigouvian tax solution to a pollution externality places responsibility on the firm producing the pollution.
The Coase-theorem-related message that emerged from Ng's analysis is that we cannot be indifferent about the assignment of liability in externality situations, owing to the different long-run incentives that attend alternative liability rules, even in a world of zero transaction costs.
For purposes of simplification, I consider only two categories of possible solutions to the negative externality caused by increased GHG emissions: a private-market, Coasian solution and public interventions through price-based or quantity-based regulation.
The concept of externality in economics is important because it contemplates the impact on other agents of individual decision making.