noun

definition

The state of being external or externalized.

definition

A thing that is external relative to something else.

definition

An impact, positive or negative, on any party not involved in a given economic transaction or act.

example

Waste is a negative externality arising from consumption.

Examples of externality in a Sentence

Certainly, this reveals a limitation of ' externality adders ' approaches.

Concerns were raised whether Faculty Postgraduate Studies Committees had sufficient externality to hear appeal against the results of the coursework component of Masters degrees.

The state of Britain's road and rail system represents a significant negative externality for what is the fourth largest economy in the world.

The loud music produced by the young person is a negative consumption externality to the older person.

This paper combines both approaches in a nonlinear model with multiple steady states due to a production externality.

He thinks with Berkeley that objects of sight are quite distinct from those of touch, and that the one therefore cannot give any assurance of the other; and he asks the Cartesians to consider how far God's truth and goodness are called in question by their denial of the externality of the secondary qualities.

He appealed to the popular conviction that the proper object of sense is the sole reality, although he despaired of getting men to give up their belief in its externality, and asserted that nothing but prejudice prevented them from doing so; and there is little doubt that, if it had ever occurred to him, as it did to Berkeley, to explain the genesis of the notion of externality, he would have been more hopeful of commending his theory to the popular mind.

In these works he attacked the existing theories of externality which to the unphilosophical mind is proved by visual evidence.

After explaining that he will use the term "external world" in the sense of absolute, self-existent, independent matter, he attempts in the first part to prove that the visible world is not external, by showing - first, that the seeming externality of a visible object is no proof of real externality, and second, that a visible object, as such, is not external.

As cause of our sensations and ground of our belief in externality, he substituted for an unintelligible material substance an equally unintelligible operation of divine power.

It was evident that a similar analysis might have been applied to tactual consciousness which does not give externality in its deepest significance any more than the visual; but with deliberate purpose Berkeley at first drew out only one side of his argument.

This externality of religious truth to the mind is fundamental in scholasticism, while the opposite view is equally fundamental in mysticism.

In the Principles of Human Knowledge, externality in its ultimate sense as independence of all mind is considered.

The battle of his life was on behalf of personal religious experience, in opposition to the externality of rationalism, orthodoxy or sacramentarianism.

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