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According to the Coase theorem, if private parties can bargain without cost, then the private market will solve the problem of externalities.
Parallelism
The use of similar structures in writing or speech to create a balance and enhance readability or impact.
Lists
Ordered collections of items, information, or tasks, often used for organization, referencing, or planning purposes.
Simplify
To make something easier to understand or do by reducing its complexity or breaking it down into more manageable parts.
Readability
The ease with which a reader can understand and navigate through a text based on its style, layout, and language.
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