consumption externality

Related Overviews


'consumption externality' can also refer to...


More Like This

Show all results sharing this subject:

  • Economics


Show Summary Details

Quick Reference

An externality that affects the utility level of an agent, or the marginal utility of this agent's own consumption. An example of a negative consumption externality is noise from a neighbour's television or cigarette smoke from someone close; an example of a positive consumption externality is the sight of a well-kept garden.

Subjects: Economics.

Reference entries

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.