Examples of using Externality in English and their translations into Indonesian
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Colloquial
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Ecclesiastic
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Ecclesiastic
Example of an externality is pollution.
Economists call this an externality.
Externality cannot be priced in the market system.
Rotter(1975) cautioned that internality and externality represent two ends of a continuum, not an either/or typology.
An externality is a situation in which one person's actions affect another person's well-being.
People also translate
The economic term for such a spillover is a“negative externality,” which occurs when one person's consumption harms the well-being of others.
An externality is an effect on a third party which is caused by the production or consumption of a good or service.
Regional governments are to organiseinvestment affairs under their authority based on the criteria of externality, accountability, and efficiency.
Can you explain what an externality is and what benefits it has in human networks?
One individual's decision to own a car may secure personal space, but at the expense of public space-this is essentially a negative externality.
Another, when the externality is negative, is a tax on the activity or, if the externality is positive.
If a bridge is heavily traveled only during rush hour, for instance,the congestion externality is larger during this time than during other times of day.
Such a focusing on material externality proves very fruitful in the analysis of how fantasy relates to the inherent antagonisms of an ideological edifice.
William Baumol argues that it isextraordinarily difficult to measure the social costs of any externality, especially because many costs are psychological and individual.
These are examples of externalities, where benefits and costs to the economy as a whole are not reflected in the market price of the good or service causing the externality.
The carbon emissions are a classic negative externality, and the carbon tax would internalize the costs inflicted by the externality producer.
The Muslim, on the other hand, is in possession of these ultimate ideas of the basis of a revelation,… which, speaking from the inmost depths of life,internalises its own apparent externality.
An externality arises when a person engages in an activity that influences the well-being of a bystander but neither pays nor receives any compensation for that effect.
Of course, it would be desirable to eliminate all negative externalities, but the marginal cost would increase exponentially as the remaining negative externality approaches zero.
Even if a measurement of the psychological effect of some externality did exist, it would be impossible to collect that data for all individuals affected and then find the optimum output level.
By developing an understanding of the foundations of economics, individuals can become better decision makers with respect to their own lives andmaintain a balance with respect to an externality that has the potential to supplement or deter their plans.
Climate change is a negative global externality of potentially catastrophic proportions and only collective action and multilateral cooperation can effectively address its causes and consequences.”.
The ministry said“pioneering” industries are those that“have wide relevance,give added value and high externality, introduce new technology and have strategic value for the national economy.”.
In terms of the market failure, the negative carbon externality, both a carbon tax and carbon cap-and-trade will achieve the same level of increased efficiency by achieving the optimal abatement level at the minimum cost.
The undesirable externality would be that a huge number of people across Europe and Asia, who might have rightly expected at least another Android OS version update, would find themselves with lesser devices than they paid for.
In another form of externalized benefit known as a network externality, so many people adopt a new technology that the technology becomes widely accepted, leading to widespread benefits for users of the technology as well as others.
Climate change is a negative global externality of potentially catastrophic proportions, and only collective action and multilateral cooperation can effectively address its causes and consequences,” the report concluded.