Discrepancies between private costs and social costs or private advantages and social advantages; the basic concept of externality is interdependence without compensation.
the quality or state of being outside or directed toward or relating to the outside or exterior: "the outwardness of the world"
the quality or state of being outside or directed toward or relating to the outside or exterior; "the outwardness of the world"
the quality or state of being outside or directed toward or relating to the outside or exterior
