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    Privacy˙Terms˙
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    externality

    US /ˌekstɜ:r'nælətɪ/

    ・

    UK /ˌekstɜ:'nælətɪ/

    B2
    n.NounQuality or state of being outside or exterior
    The externality of the house is very attractive

    Video subtitles

    Tragedy of the Commons

    04:52Tragedy of the Commons
    • If someone creates negative externalities on private land but doesn't pay the full price of such externality, we need to turn to the third solution.

      If someone creates negative externalities on private land but doesn't pay the full price of such externality, we need to turn to the third solution.

    • If someone creates negative externalities on private land but doesn't pay the full price of such externality, we need to turn to the third solution.

      If someone creates negative externalities on private land but doesn't pay the full price of such externality, we need to turn to the third solution.

    B1

    Stanford Roundtable 2014: The climate conversation you haven’t heard

    27:46Stanford Roundtable 2014: The climate conversation you haven’t heard
    • And the economists kept telling me that climate change and the use of global resources and the environment, it's an externality.

      And the economists kept telling me that climate change and the use of global resources and the environment, it's an externality.

    • And I could not accept that everything on which the economy depends, we could call an externality.

      And I could not accept that everything on which the economy depends, we could call an externality.

    B1

    The 11 Risk Factors That Are Destroying Your Brain - Dr Daniel Amen

    48:34The 11 Risk Factors That Are Destroying Your Brain - Dr Daniel Amen
    • So it was kind of the same as the classic James Bond torture scene where he's being tortured and he can just take it and I don't care. But then they bring in somebody that he cares about, somebody that he loves, and that's when they break. It was this externality that I can kind of handle the cost that I need to pay myself, but being the reason for a cost that somebody else has to pay, kind of a special type of pain.

      So it was kind of the same as the classic James Bond torture scene where he's being tortured and he can just take it and I don't care. But then they bring in somebody that he cares about, somebody that he loves, and that's when they break. It was this externality that I can kind of handle the cost that I need to pay myself, but being the reason for a cost that somebody else has to pay, kind of a special type of pain.

    • It was this externality that I can kind of handle the costs that I need to pay myself,

      It was this externality that I can kind of handle the costs that I need to pay myself,

    B1

    A Conversation with Elon Musk

    48:42A Conversation with Elon Musk
    • But because we have an unpriced externality in the cost of gasoline, we're pricing in the environmental effects of CO2 in the oceans and atmosphere.

      But because we have an unpriced externality in the cost of gasoline, we're pricing in the environmental effects of CO2 in the oceans and atmosphere.

    • But because we have an un-priced externality

      But because we have an un-priced externality

    B1