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Negative Externality: A Framework for Contemplating Systemic Risk
Negative Externality: A Framework for Contemplating Systemic Risk Applies the economic concept of negative externality (where firms profit but create unacceptable social costs) to systemic of ...- Authors: Richard Gorvett
- Date: Sep 2012
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context; Professional Values>Public interest representation
- Publication Name: Risks & Rewards
- Topics: Economics>Macroeconomics; Enterprise Risk Management>Systemic risk