Interactive Glossary

BROWSE:

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Positive externalities:: External benefits that accrue to those outside direct production or consumption and for which they do not have to pay; e.g., expansion of vaccinations that reduces the likelihood that others catch the disease.

Add word to favorites

Previously viewed words:

Horizontal integration
Institutional factors
Information gathering
Price differentiation
Interconnected system
Imperfect competition
Information asymmetry
Disclosure regulation
Interruptible service
Performance Standards