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?

  • When economic values are assigned to the mortality and morbidity outcomes as described above, the environmental externalities averted through increased insulation amount to approximately $1.

  • 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.

  • The idea that Cassidy refers to is that of "increasing returns"--which says that goods become cheaper the more of them you produce (and the closely related idea of "network externalities," which says that some products, like fax machines, become more useful the more people use them).

  • In an attempt to distinguish those public purposes that are tolerable from those that aren't, Murray posits that, to be valid, public goods either have to be "nonexclusive"--interventions from which everyone benefits--or else must arise to counter "externalities," costs passed on to others that, in practical terms, cannot be compensated, as in the case of the chemical incinerator that pollutes the air.


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