Examlex
Violation of trust may be a principal attribute of all white collar crime, but it virtually defines insider trading.
Goods
Physical items produced for sale or use, characterized by their tangibility and their capacity to satisfy human wants or needs.
Free-rider Problem
A situation in which some individuals consume more than their fair share of a public resource, or shoulder less than a fair share of the costs of its production, without contributing to its provision.
Market Failure
A situation where the allocation of goods and services by a free market is not efficient, often leading to a net social welfare loss.
Pollution
The introduction of harmful substances or products into the environment, leading to adverse effects on human health, ecosystems, or buildings.
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