negative externalities
Negative externalities refer to the undesirable side effects or costs that are imposed on third parties or society as a whole due to the production or consumption of goods or services by others, beyond what is reflected in the market price.
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Related Concepts (2)
Similar Concepts
- crowding out effect
- economic consequences
- economic effects
- environmental externalities
- environmental policy spillovers
- external shocks
- feedback effects and unintended consequences
- hidden costs
- indirect benefits
- negative emotions
- negative interest rates
- positive externalities
- public benefits
- social cost
- unintended benefits