environmental externalities such as pollution. We argue that consumer contracts generate externalities by overwhelming consumers …

emergence of the cleanliness norm in the 19th century. -- social norms ; status seeking ; externalities ; consumer needs …

Pigouvian taxes are often used to limit environmental externalities such as pollution. We argue that consumer contracts generate … externalities by overwhelming consumers’ attention. Depleting each consumer’s attention harms consumers collectively because lower …

Do externalities work and matter differently in a world of scarcity versus a world of abundance? In this article (the … first of two pieces), we critically examine the economic phenomena of externalities. First, we define the basic concept and … explain why it is fundamental to economic analysis of social systems. As a conceptual tool, externalities enable one to …

This paper considers and assesses the concept of social externalities through humaninterdependence, in relation to the … economic analysis of externalities in the tradition of Pigou andArrow, including the analysis of the commons. It argues that … list of possible internalizing mechanisms for externalities underthis broader framework, which includes: pricing and …