Keyword: external benefits
Busy Bees cartoon (11/2/2011)
Honey bees tell an interesting story of how businesses settle payments for spillover costs and benefits among them.
Keywords: bees, Coase Theorem, external benefits, fable
Your Customers Are My Customers (11/2/2011)
When it comes to external benefits, appearance could be deceptive.
Keywords: common ownership, external benefits, hamburger, ice cream, social costs, Steven Cheung