7.4 Private costs and benefits, externalities and social costs and benefits

7.4.1—Social costs

7.4.2—Social benefits

7.4.3—Positive and negative externalities

7.4.4—Externalities in consumption/production

7.4.5—Deadweight welfare loss

7.4.6—Asymmetric information and moral hazard

7.4.7—Costs/benefits in decision analysis

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7.4 Private costs and benefits, externalities and social costs and benefits