@drgrist this has a good description of pecuniary externalities. Non-pecuniary are the other externalities discusses http://www.daviddfriedman.com/Academic/Price_Theory/PThy_Chapter_18/PThy_Chap_18.html …
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@drgrist this has a good description of pecuniary externalities. Non-pecuniary are the other externalities discusses http://www.daviddfriedman.com/Academic/Price_Theory/PThy_Chapter_18/PThy_Chap_18.html …