Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Many economic models are constructed on the basis of an equity-efficiency trade-off, assuming that equality comes at the cost of efficiency. This column argues that inequality is better understood as ...

Externality theory provides an important economic perspective for understanding corporate social responsibility (CSR) decision-making. This study explores the application of externality theory in CSR ...

British economist A.C. Pigou was instrumental in developing the theory of externalities. The theory examines cases where some of the costs or benefits of activities “spill over” onto third parties.

Abstract: The COVID-19 pandemic changed the world in multiple ways. The global lockdown forced people to adopt remote learning and work, creating many examples of different organizations (government ...