Examlex
For the following issue, discuss which source you'd trust more, and give at least one reason why. You may want to add to or otherwise modify our list of sources. And do keep in mind that we are glad our livelihoods do not depend on a general consensus on our rankings.
Issue: Does violence on television contribute to violent behavior on the part of young viewers?
a. the president of the National Association of Broadcasters
b. the president of an organization called "Parents Against TV Violence"
c. a university sociologist
d. regular panel members of a program such as "The McLaughlin Group"
Asymmetric Information
Asymmetric information occurs when one party in a transaction has more or better information than the other, often leading to imbalances in decision making and potentially unfair outcomes.
Pollution Abatement
The reduction or elimination of pollutants released into the environment, often through regulatory policies or technology changes.
Pigouvian Tax
A tax imposed on activities that generate negative externalities, aiming to correct an inefficient market outcome by increasing the cost to include the external costs.
CFCs
Chlorofluorocarbons; chemical compounds used in aerosol sprays and refrigerants that have been found to deplete the ozone layer.
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