Hence, if the daily occupied distance of the taxi market is O, the daily external benefit
of a cruising taxi market ([e.sub.b]) can be expressed as
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.
Part II.A identifies those effects of trademarking activity that are internalized while Part II.B identifies external benefits
. The existence of an external benefit
is both a practical and legal question.
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.
As long as one adheres to the normal conventions in welfare economics and wants to support the claim that [Q.sub.MAX] is the efficient level of provision, then the truncated demand curve [D.sub.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.
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
If country 1 is comprised of [U.sub.1] R/D teams, the total absorptive intracountry external benefit
is [U.sub.1]([U.sub.1] - 1).