External Benefit

External Benefit

The benefit of a transaction to parties who do not directly participate in it. Externality can be either positive or negative. For example, a merger can lead to higher share prices and bonuses for employees, benefiting shareholders and employees at the two companies merging. This can create wealth and positively impact a community. A transaction may have both external benefits and external costs: a transaction may result in a factory opening in one city and one closing in another. An external benefit is also called positive externality. See also: Externality.
References in periodicals archive ?
Extrinsic motivation, the more popular model, refers to the force that pulls one forward by the power of some external benefit or a tangible reward.
External productivity measures are by definition more difficult to develop, and will always be subject to criticism of the method of allocating some portion of external benefit (usually economic) to an educational program.
2) A marginal external benefit with a zero value at the market output is known as an infra-marginal externality.
Positive externalities occur when an external benefit is generated by the producer of a good but because there is no market for the externality the producer cannot get compensated for producing this extra benefit.
E] must represent the collectivity's marginal external benefit for transplant kidneys.
Software compatibility in the PC industry (Chapters 2 and 3) creates a large external benefit for any user, as anyone who remembers what it was like when Apple and IBM machines were still incompatible can tell.
External benefit occurs when a person or persons not directly involved in a transaction nevertheless receives benefit from it.
Thus, volunteer work may not be an external benefit of education, possibly weakening the case for public subsidies by removing a frequently-used example of an external benefit.
Sixty-nine percent of companies listed competitive advantage as the most significant external benefit, while only 28.
1] R/D teams, the total absorptive intracountry external benefit is [U.
Total quantity or scope: Wakefield Council are looking to appoint one or two providers for the provision of external benefit processing of a) housing benefit and council tax support claims and b) for processing work associated with the issue of Council Tax bills.
Enables users to link their systems to external benefit providers -- Each organization contracts with different medical, dental, and vision providers.

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