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externality

Externalities and Minding Other People’s Business

When externalities are present, decisions optimal for the person making them are not necessarily optimal for society. So what can.

by Brian Viard | Aug. 24 2015

“Beggar Thy (Hotel) Neighbor”: Some Hotels in China are Expanding at Any Cost

How opening new hotels in China could damage the entire industry In late May, InterContinental Hotels Group (IHG) celebrated the.

by Brian Viard | Sep. 16 2013

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