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Translations for „externality“ in the English » German Dictionary (Go to German » English)

externality ECON

Monolingual examples (not verified by PONS Editors)

English
In a perfectly efficient market, the costs of the fossil fuel would include the externalities associated with their consumption.
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It is theorised that the primary driver of over-fishing is the rule of capture externality.
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These losses are externalities and are usually ignored by manufacturers, which are more interested in their private costs than social costs.
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There is an important conceptual distinction between a demerit good and a negative externality.
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It is clearly profitable for the firm to pollute, since internalizing the externality hurts profits.
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Like other types of pollution, this does not enter standard accounting of market costs, being conceived as externalities for which the market can not account.
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It incorporates all negative and positive externalities, of both production and consumption.
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Therefore, they say, the distortion should account for the much larger cultural externalities of meaningful cultural works.
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They develop a model showing that foreign reserve accumulation by currency under-devaluation could be a second-best policy in economies with learning-by-investing externality.
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Market failure occurs when an externality is present and a market will either under-produce a product with a positive externalization or overproduce a product that generates a negative externalization.
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