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Correcting Negative Externalities
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A 4 page paper defining externalities and how they lead to market failure, then discussing three approaches (regulation, cost-benefit analysis, adopting sustainability measures) to correcting negative externalities. Negative externalities are "spill-over" qualities or items that carry social costs. When producers fail to acknowledge those social costs, the costs are there just the same. Milliken is one company that gives potential negative externalities the attention they deserve. Bibliography lists 3 sources.
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Pages:
4
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Filename:CC6_KSpubAdmExtern.rtf |
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Paper Title:
Correcting Negative Externalities
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