Internality

id: internality-189-8385166
title: Internality
text: An internality is the long-term benefit or cost to an individual that they do not consider when making the decision to consume a good or service. One way this is related to behavioral economics is by means of the concept of hyperbolic discounting, in which immediate consequences of a decision are disproportionately weighed compared to the future consequences. A potential cause is lack of access to full information regarding the associated costs and benefits prior to consumption. This contrasts w
brand slug: wiki
category slug: encyclopedia
description:
original url: https://en.wikipedia.org/wiki/Internality
date created: 2007-02-16T20:54:44Z
date modified: 2024-09-09T05:18:38Z
main entity: {"identifier":"Q16930786","url":"https://www.wikidata.org/entity/Q16930786"}
image: {"content_url":"https://upload.wikimedia.org/wikipedia/commons/2/2d/Taxing_Internalities_1.jpg","width":2292,"height":1570}
fields total: 13
integrity: 15

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