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Conventional Market-Based Policies vs. Sustainability

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Define the concept of externalities. What recent or current events have illustrated this concept?

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Conventional Market-Based Policies vs. Sustainability

A.C. Pigou was one of the pioneers in the concept of externalities (Hurwicz, 1999), a term used to explain the relationship between two primary parties who make or exchange products and an ...

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An explanation of externality, with an examples of positive and negative externalities.

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