3 ms·
Those costs are not at all kind of like externalities because an externality is an impact on a not directly involved ("external") party. But these costs are all
by derobert 17y ago
Those costs are not at all kind of like externalities because an externality is an impact on a not directly involved ("external") party. But these costs are all on the organization who decided to outsource, so — unlike with externalities — one shouldn't expect a market failure, and the article does not provide evidence of one, or even claim one.