Pollution is another commonly known negative externality. Corporations and industries may try to curb their costs by using production measures that have a detrimental effect on the environment.

Sometimes these indirect effects are tiny. But when they are large they can become problematic—what ... In the case of pollution—the traditional example of a negative externality—a polluter makes ...

Problems in defining property rights are often a fundamental obstacle to market-based, self-correcting solutions, because the indirect effects of production or consumption activity can affect ...

How much of an effect the tax has depends on how price sensitive consumers are when it comes to cannabis, gambling, and tobacco.” ...