non-excludable and rivalrous
excludable and rivalrous
non-excludable and non-rivalrous
excludable and non-rivalrous
When a tax is imposed
When a subsidy is provided
When quotas are placed on goods
When input costs increase
It plays an important role in eﬃciency evaluation.
Almost all processes have been documented in this way.
It is an established process that's been used for over a century.
Every process needs to be constructed as a closed loop.
The result of information failure and hamper cost-benefit analysis
Third party costs or benefits that skew the correct market equilibrium
The result of politicians acting as utility maximizers
An example of a moral hazard
One international corporation with a monopoly on cotton seed
Pesticide used to keep cotton free of insects makes people sick
A tax on imported cotton that raises the price of cotton for consumers
Farmers unaware of market price for cotton
Investors becoming increasingly aware of the immediacy related to
climate change mitigation activities
The US not signing the Kyoto Protocol
Increasing awareness of the holistic connection between social
sustainability, investment returns and climate change
Investor vigilance regarding compensation for CEOs
An examination of healthcare costs that are incurred as a result of
Used to evaluate individual preferences in order to place a value on the
Seen when houses located in areas of less pollution have greater value
An approach used to compare expenses and value-added when making
a decision relative to the environment
The "tragedy of the commons" occurs with goods that are __________.