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externality
(redirected from Positive externalities)

   Also found in: Financial, Wikipedia 0.01 sec.
ex·ter·nal·i·ty  (kstr-nl-t)
n. pl. ex·ter·nal·i·ties
1. The condition or quality of being external or externalized.
2.
a. Something that is external.
b. An incidental condition that may affect a course of action: "Our economic system treats environmental degradation as an externalitya cost that does not enter into the conventional arithmetic that determines how we use our resources" (Barry Commoner).

externality [ˌɛkstɜːˈnælɪtɪ]
n pl -ties
1. the state or condition of being external
2. something external
3. (Philosophy) Philosophy the quality of existing independently of a perceiving mind
4. (Economics) an economic effect that results from an economic choice but is not reflected in market prices
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.externality - the quality or state of being outside or directed toward or relating to the outside or exterior; "the outwardness of the world"
worldliness - concern with worldly affairs to the neglect of spiritual needs; "he disliked the worldliness of many bishops around him"
spatial relation, position - the spatial property of a place where or way in which something is situated; "the position of the hands on the clock"; "he specified the spatial relations of every piece of furniture on the stage"


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Academics, for example, emphasize the positive externalities from education and use those claims to justify government support, but the evidence for such externalities is modest.
The emerging network interdependencies, fostered by the major positive externalities that have been recognized by the industry''s professionals, have created new systems of distribution where the seller is at the same time the buyer and the processor of the requested information.
The two most common justifications for the current government involvement in the student loan market are the existence of a market failure and positive externalities that make the privately funded level of educational attainment socially sub-optimal (Patrinos, 2000; Poterba, 1996).
 
 
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