positive externalities. But the symbolic and moral valence of carrots
An export subsidy is often advised in economies where
positive externalities are associated with export activities.
The failure of prevailing tort law to cause the doctor to internalize the net risk created by his negligent choice emanates from its disregard for the
positive externalities that the wrongdoing may generate.
Proponents of stadium subsidies often allude to the
positive externalities the stadium will generate for the host city.
(28) The existence of these uncompensated
positive externalities suggests, but does not by itself prove, that mark owners will produce too little information about their products.
With respect to goods that create
positive externalities, too few are allegedly produced because the recipients of the externalities do not pay for the benefits bestowed upon them.
"
Positive Externalities and Government Involvement in Education." The Journal of Private Enterprise 20:2, Spring.
impossible to fully internalize
positive externalities in the
Because major disaster management planning necessarily involves various levels of government, the political benefits of such planning are automatically shared with other levels of government, that is, investing in planning confers
positive externalities on other levels of government.
In addition, public education done correctly generates
positive externalities that benefit the rest of us.
A delightful public-choice analysis follows, complete with bureaucratic incentives and interest-group politics, as well as a brief note on (and rejection of) the thesis that because compulsion has
positive externalities, Paretian welfare economics lends support to it.
positive externalities. If this is true, an ideal regulatory system
