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Negative externalities, unfortunately, are much more common. Pollution is a very common negative externality. A company that pollutes loses no money in doing so, but society must pay heavily to take care of the problem pollution caused.
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library.thinkquest.org/26026/Economics/externality.html
library.thinkquest.org/26026/Economics/externality.html
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Negative externalities are often viewed as examples of market failure, in other words, the market mechanism creates a level of consumption / production that is higher than society desires. ... Negative externalities can be created through either the consumption or production of a good.
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www.bized.co.uk/virtual/vla/theories/negative_externali...
www.bized.co.uk/virtual/vla/theories/negative_externalities.htm
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There are still many other examples of negative externalities. These can include decisions that result in costs to other individuals: sitting on the end of a row so that others have to climb over you, littering, painting your house an ugly color in a nice neighborhood, not showering, cutting in line, etc.
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economics.fundamentalfinance.com/negative-externality.p...
economics.fundamentalfinance.com/negative-externality.php
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The government might, for example, place a special tax or licensing fee on the production (or purchase) of a good or service believed to involve significant negative externalities, with the size of the tax or fee to be determined by some estimate of the total costs being imposed on third parties.
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www.auburn.edu/~johnspm/gloss/externality
www.auburn.edu/~johnspm/gloss/externality
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Permission is granted to copy, distribute and/or modify this document under the terms of the GNU Free Documentation License, Version 1.2 or any later version published by the Free Software Foundation; with no Invariant Sections, no Front-Cover Texts, ... Date/Time Thumbnail Dimensions User Comment ... current 23:08,
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en.wikipedia.org/wiki/File:Negative_externality.jpg
en.wikipedia.org/wiki/File:Negative_externality.jpg
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Let’s take a look at some other examples of negative externalities. The seat belt law has provoked many people to question whether government has a right to tell them they must wear a seat belt in an automobile, or wear a helmet on a motorcycle.
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www.cals.ncsu.edu/course/are012/lecture/lectur1/sld012....
www.cals.ncsu.edu/course/are012/lecture/lectur1/sld012.htm
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A price will be charged for entrance to the field, and people who are unwilling to pay this price will be excluded. If the field is large enough, however, exclusion is inefficient. ... Contractual arrangements can sometimes be used to overcome what otherwise would be public goods and externalities problems.
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www.econlib.org/library/Enc/PublicGoods.html
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Externality Defined - A Dictionary Definition of Externality ... Classic example of a negative externality: pollution, generated by some productive enterprise, and affecting others who had no choice and were probably not taken nto account. ... Network Externalities...
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economics.about.com/cs/economicsglossary/g/externality....
economics.about.com/cs/economicsglossary/g/externality.htm
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