Search the World's Largest Database of Information Science & Technology Terms & Definitions
InfInfoScipedia LogoScipedia
A Free Service of IGI Global Publishing House
Below please find a list of definitions for the term that
you selected from multiple scholarly research resources.

What is Externality

Handbook of Research on the Platform Economy and the Evolution of E-Commerce
A non-priced economic effect that arises in economic activity.
Published in Chapter:
Payment Systems as a Driver for Platform Growth in E-Commerce: Network Effects and Business Models
Carin Rehncrona (Lund University, Sweden)
DOI: 10.4018/978-1-7998-7545-1.ch013
This chapter visits some of the fundamental concepts from platform economics, network effects, and network externalities. Further on, it discusses definitions of two-sided and multi-sided markets, how they are treated as business models. These concepts are further compared to the concept service ecosystem. A case of a payment service provider whose business model contributes to the growth of e-commerce is included. The purpose is to tease out how research on platforms has developed since e-commerce was in its infancy. The fundamental concepts developed in network economics are still valid and have been translated into different fields with a focus on value creation, information, and interaction. How platforms within platforms spur each other's growth is an area that has the potential to reach new insights on the platform economy.
Full Text Chapter Download: US $37.50 Add to Cart
More Results
Cooperative Optimization of Tourism Networks: An Application of a Game Theory Model
The cost or benefit that affects a party who did not choose to incur that cost or benefit. An externality could be positive or negative.
Full Text Chapter Download: US $37.50 Add to Cart
Economic Valuation and Cost of Air Pollution
Cost or benefit caused by a producer that is not financially incurred or received by that producer.
Full Text Chapter Download: US $37.50 Add to Cart
The Significance of Public Goods in Market Failure Debates: The Role of Public Goods on Market Failure From the Perspective of Schools of Economic Thought
Externality is situations when the effect of production or consumption of goods and services imposes costs or benefits on others.
Full Text Chapter Download: US $37.50 Add to Cart
Full Text Chapter Download: US $37.50 Add to Cart
Regional Growth Model With Spatial Externalities
Full Text Chapter Download: US $37.50 Add to Cart
eContent Pro Discount Banner
InfoSci OnDemandECP Editorial ServicesAGOSR