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stevegrossi

externalities

Tended 3 years ago Planted 3 years ago Mentioned 5 times

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In economics, an externality is the cost or benefit that affects a third party who did not choose to incur that cost or benefit. wikipedia

Mentions

  • systems ethics

    …our behavior accordingly. (In [[economics]], these unintended effects are called [[externalities]].) When unintended, harmful outcomes of one's actions are pointed…

  • compassion vs. coercion

    …no matter the costs to the business or society (as [[externalities]]) in the long term. In the public sector, we see…

  • the ethics of risk

    …be made by offloading the risks on to others as [[externalities]] while reaping the benefits yourself. ## Further Reading - ["The Moral Problem…

  • gift exchange

    …illusion thereof) to my relationship with them and their origins. [[externalities]] matter a lot here. If we are going to say…

  • waste

    …to account for the costs of waste, those costs are [[externalities|externalized]] to others. ## The Waste Hierarchy While recycling is often…