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Externality

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The Palgrave Encyclopedia of Strategic Management

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Abstract

A brief explanation of economic externalities is presented here: under what circumstances they arise, what forms they take, their consequences for business and society, as well as methods for mitigating them, both through governmental action and market forces.

This entry was originally published on Palgrave Connect under ISBN 978-1-137-49190-9. The content has not been changed.

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References

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Author information

Authors and Affiliations

  1. Institute for Economic Research, Poschingerstr, 5, 81679, Munich, Germany

    Justin Tumlinson

Authors
  1. Justin Tumlinson
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Correspondence to Justin Tumlinson .

Editor information

Editors and Affiliations

  1. Stanford University , Stanford, California, USA

    Mie Augier

  2. Tusher Ctr Intellectual Capital, University of California Tusher Ctr Intellectual Capital, Berkeley, California, USA

    David J. Teece

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© 2016 The Author(s)

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Tumlinson, J. (2016). Externality. In: Augier, M., Teece, D. (eds) The Palgrave Encyclopedia of Strategic Management. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-94848-2_413-1

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  • DOI: https://doi.org/10.1057/978-1-349-94848-2_413-1

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  • Publisher Name: Palgrave Macmillan, London

  • Online ISBN: 978-1-349-94848-2

  • eBook Packages: Springer Reference Business and ManagementReference Module Humanities and Social SciencesReference Module Business, Economics and Social Sciences

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