Most economic externalities can be efficiently solved through a system of private property rights, in which costs and ...

Log-in to bookmark & organize content - it's free! Senator Sheldon Whitehouse (D-RI) addresses negative externalities with U.S. Trade Representative Jamieson Greer. Senator Sheldon Whitehouse (D-RI) ...

Forbes contributors publish independent expert analyses and insights. I am the Kester and Brynes Professor at Columbia Business School and a Chazen Senior Scholar at the Jerome A. Chazen Institute for ...

Wine growers everywhere fear spring frosts. New vine buds emerge in the spring and are highly susceptible to freezing temperatures which can kill them and result in significant crop loss for the year.

In this model, well-being depends on leisure, on an environmental renewable resource, and on a non-storable output, which can substitute for the environmental resource or can satisfy needs different ...

Theoretical and Empirical Researches in Urban Management, Vol. 13, No. 3 (August 2018), pp. 5-24 (20 pages) India’s current haphazard unplanned urbanization has brought in its wake myriad problems ...

COVID-19 and its collateral damage continue to leave a trail of devastation around the world. Millions of businesses have closed, with many having no realistic prospect of reopening. Millions of ...

Learn how economists measure externalities using equilibrium models, cost assessments, and qualitative methods. Gain insight into real-world and theoretical impacts.

BP's (British Petroleum) oil leak off the coast of Louisiana raises a great number of issues that are relevant from an economic point of view: Firstly it is difficult to estimate what is the actual ...

A new coronavirus is here. It is highly contagious, and case numbers are climbing. New York is the epicenter in the United States. This feels terribly familiar, even reminiscent of March 2020. And yet ...