Reducing Negative Externalities. ΟμάδαΕπιχειρημάτων1 #255582 Externality = A consequence of an economic activity that is experienced by unrelated third parties. It can be either positive or negative. (Investopedia)". In a commons logic, a negative externality would deplete the commons, and a positive one would 'grow' the commons or replenish the commons. |
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