Student

Description

Overview:
Trade benefits both buyers and sellers, but what happens when the transaction affects a third party? In this video, Professor Michael Munger of Duke University defines the term externality and explains different ways to solve the problem of externalities.
Subject:
Economics
Level:
High School, Community College / Lower Division, College / Upper Division
Material Type:
Lesson
Author:
Provider:
Institute for Humane Studies
Date Added:
10/31/2017
License:
Creative Commons Attribution Creative Commons Attribution
Language:
English
Media Format:
Video

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