Diseases and Other Health and Physical Hazards as External Diseconomies: A Theoretical Depiction |
Common terms and phrases
activity or behavior affliction backlash effect bodies of water bodily harm cholera Coase complementary with leisure defined diseases and bodily drug-abuse dysentery Economics effluent emitted Emphysema entity environmental abuse external diseconomy ƏYij firm or firms Food Poisoning Fth firm garbage dump health and physical Helminthiasis hence hepatitis Hereditary diseases Infection inheritor input interpersonal utility externality ith medical jth emitter jth individual jth person k[Xiji kth party kth recipient labor less developed countries level of output malaria marginal benefit marginal product marginal utility mode of transmission negative externality negative impact optimality condition parasitic diseases party or parties physical harm physical hazards problem production function property rights quantity relative prices represents the ailment Respiratory schistosomiasis sexual contact sexually-transmitted diseases slum-dwellers social marginal cost someone else's activity strictly positive theoretical depiction type of externality type which depicts typhoid fever utility function waterborne waterways workers Y₁