4 ms·
For a sufficiently small externality, "ignore it" is a perfectly valid option. I think that's uncontroversial, although there would be substantial disagreement
by dllthomas 8y ago
For a sufficiently small externality, "ignore it" is a perfectly valid option. I think that's uncontroversial, although there would be substantial disagreement on the actual threshold.
- ggm 8y agoWould you call the worldwide systemic crisis in waste stream management precipitated by China tightening regulation as an instance of For a sufficiently small externality, "ignore it" is a perfectly valid option because personally I wouldn't.
- dllthomas 8y agoWould you call it a fundamental feature of an externality?
- deleted 8y ago[deleted]