Words similar to externalities
Example sentences for: externalities
How can you use “externalities” in a sentence? Here are some example sentences to help you improve your vocabulary:
However frightening Bill Gates may seem or however unfair and imperfect the market phenomenon of network externalities may appear, do we really want antitrust lawyers and economists determining Internet standards?
Rule describes Microsoft's rise to prominence as being a result of an economic phenomenon known as "network externalities."
The libertarian would talk about externalities, and about minimum regulation to avoid externalities, and about the value of common carriers, and the like.
Way back in 1890 he explained that concentrations of industry (yes, they existed before Silicon Valley--his prime example was the Sheffield cutlery district) can create a virtuous circle in which the availability of skilled labor, the presence of specialized suppliers, and the diffusion of knowledge . Increasing returns to consumption are probably less common, but can result among other things from "network externalities"--a bit of useful jargon for what happens when the usefulness of a product depends on how many other people possess something similar.
Yet while pollution and related "negative externalities" such as traffic congestion are obvious problems, in practice, efforts to make markets take environmental costs into account are few and far between.
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