Sometimes these indirect effects are tiny. But when they are large they can become problematic—what economists call externalities. Externalities are among the main reasons governments intervene in the ...

Sometimes these indirect effects are tiny. But when they are large they can become problematic—what economists call externalities. Externalities are among the main reasons governments intervene in the ...

This text demonstrates the complexity and variety of environment externality problems, ranging from mixed externality to correlated externalities to environmental externality under IRS and policy ...

To this end we begin in this chapter by introducing the field of environmental economics via its roots in neoclassical welfare theory and the theory of externalities. Environmental problems and policy ...

Green transition in the power sector is one of the key focus areas when one thinks about addressing climate change issues. I am researching the impact of climate change and environmental externalities ...