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Pecuniary externality

A pecuniary externality occurs when the actions of an economic agent cause an increase or decrease in market prices separate from the impact of those actions on the quantity of resources in the market. For example, an influx of city-dwellers buying second homes in a rural area can drive up house prices, making it difficult for young people in the area to…

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Positive and Negative Pecuniary Externalities & Overview

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Positive and Negative Pecuniary Externalities

4 related topics

Overview

13 related topics

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Overview

Positive and Negative Pecuniary Externalities

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Pecuniary externality

Nodes20
Edges19
Triples0
Avg. degree1.9
Density0.1
Components1

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Important terminology

externalities pecuniary market price positive result markets consumers negative prices example effects pareto real technological offset producers resource however efficient

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SubjectPredicateObjectConfidenceSrc

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