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internality
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The answer INTERNALITY has 0 possible clue(s) in existing crosswords.
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Definitions of internality in various dictionaries:
noun - preoccupation with what concerns human inner nature (especially ethical or ideological values)
INTERNALITY - 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. It ...
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| Possible Dictionary Clues |
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| In behavioral economics, an binternalityb is a type of behavior that imposes costs on a person in the long-run, that are not taken into account when first making decisions. |
| The condition of being internal or internalized. |
| A thing that is internal relative to something else. |
| Internality description |
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| 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. It is related to behavioral economics through the concept of temporal 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 with traditional economic theory, which makes the assumption that individuals are rational decision makers who take all personal costs into account when paying for goods and services.One example of a positive internality is the long run effect of exercising. Future benefits that an individual may not take into consideration include a diminished risk of heart disease and higher bone density. A common example of a negative internality is the effect of smoking cigarettes on those who smoke. For the effect of secondhan |