Externalities are the incidental effects that the activities or actions of one party have on another party. Positive externalities occur when the actions of a person or entity have a positive impact ...

Understand the differences between external economies and diseconomies and how they impact industries. Learn about positive ...

Explore true cost economics, an approach that includes external costs like pollution in pricing, ensuring a more accurate ...

Sir, Jonathan Ford raises some important questions in his Inside Business column on the support that renewable sources of energy receive from the UK government (“Reforms needed to balance hidden costs ...

Sounil is the CISO of JupiterOne and creator of the Cyber Defense Matrix and DIE Triad, which are reshaping how we approach cybersecurity. Digital transformation has created tremendous growth in the ...

A new coronavirus is here. It is highly contagious, and case numbers are climbing. New York is the epicenter in the United States. This feels terribly familiar, even reminiscent of March 2020. And yet ...

Some players in a transaction benefit from externalities, while others have to pay the costs. One of the fundamental concepts in economics is that people buy and sell goods and services from each ...

Limited benefit or non-Affordable Care Act (ACA)-compliant health insurance products are much discussed of late, since a proposal to ease restrictions on short-term health plans is currently under ...

To what extent does the digital world create a culture in which responsibility is denied or avoided, and what are the consequences of this failure to take ownership of a problem? Taking responsibility ...