Even in such circumstances, however, activists have still sometimes attempted to identify segments of the responsible population as villains to be blamed for negative externalities
. Conversations with Notre Dame Law Professor John Nagle about this point resulted in the following memorable example: in 2002, the Evangelical Environmental Network launched a "What would Jesus drive?" campaign shaming SUV drivers for "filling [their] neighbors'] lungs with pollution." Would Jesus Drive an SUV?, ABC News (Nov.
Environmental pollution created by the negative externalities
of an economy can be resolved in a well-functioning price system.
Several economic instruments and approaches have been forwarded by economists over the period of time to internalise the price of these negative externalities
Policymakers focusing on the negative externalities
favor a regulatory approach based on carbon tax or cap-and-trade system while policymakers emphasizing inadequate abatement technology favor a more market-oriented strategy based on subsidies and other incentives.
Transferable negative externalities
theory shows that a trader who does not cooperate with the rest polluting businesses will cause great environmental damage.
Analysis of Auctions with Negative Externalities
(p.186-187) When a large portion of economic activity is in the form of exports, the home state is able to capture the economic rents from foreign visitors, while exporting many of the negative externalities
when the visitors return home.
including disinformation, false rumors, false science, libel, immorality, indecency, incitement to crime, sedition, etc., are less discussed, but certainly exist and, outside the field of economics, they are the objects of sociological, historical, and institutional analyses.
According to those who explain contract law from an economic or efficiency perspective, the goal of limiting negative externalities
is behind several features of contract law, (204) from the refusal to enforce certain contracts on the basis of illegality or public policy to the limitation of contractual freedom through mandatory default rules.
of negative externalities
, innovators and patent owners may engage in
DOES THE EXTREME degree of inequality in America today really create, as Pigou would put it, negative externalities
? Does the fact that hedge-fund manager Mr.
We submit that the reconfiguration of downtown areas will not only result in the production of new positive externalities but will also reduce the negative externalities
associated with urban sprawl.