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6 days ago · [1] Economic analysis of climate change is about using economic tools and models to calculate the magnitude and distribution of damages caused by climate change. It can also give guidance for the best policies for mitigation and adaptation to climate change from an economic perspective. There are many economic models and frameworks.
2 days ago · This paper revisits a long-standing discussion surrounding the efficacy of the common law versus government intervention in addressing large-scale environmental externalities. Drawing on a conceptual framework developed by James M. Buchanan, we challenge the prevailing economic orthodoxy which holds that so-called “large-number” externalities inherently necessitate government policy ...
1 day ago · Sustainability is a social goal for people to co-exist on Earth over a long time. Definitions of this term are disputed and have varied with literature, context, and time. [2] [1] Sustainability usually has three dimensions (or pillars): environmental, economic, and social. [1]
5 days ago · Wikipedia is the encyclopedia that anyone can edit. Articles on Wikipedia are freely licensed and the app code is 100% open source. The heart and soul of Wikipedia is a community of people...
- Varies with device
- December 15, 2021
- Wikimedia Foundation
3 days ago · In economics, an externality is a cost or benefit that affects a party who did not choose to incur that cost or benefit. Negative externalities are a well-known feature of the "tragedy of the commons". For example, driving cars has many negative externalities; these include pollution, carbon emissions, and traffic accidents.
5 days ago · Study with Quizlet and memorize flashcards containing terms like An externality occurs when _____.
Yep. They abolished the ability to modify the MEWS at our hospital and we started to struggle to discharge pt's to the ward because the ward nurses would have a hissy fit over things like asymptomatic pt's with pulses in the 40's (came in at 50-60).
