Why Don't People Take into Consideration the External Costs of Their

question 20

Essay

Why don't people take into consideration the external costs of their actions and reduce the amount of externalities?

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Definitions:

REM Behavior Disorder

A sleep disorder characterized by the physical acting out of dreams during the REM (Rapid Eye Movement) stage of sleep, due to a failure of the brain mechanisms that usually inhibit body movements.

Stage 4 Sleep

A stage of deep sleep characterized by non-rapid eye movement (NREM), important for physical restoration.

Marijuana

A psychoactive drug derived from the Cannabis plant, used for recreational or medicinal purposes.

Brain's Internal Timer

The mechanism within the brain that is responsible for the perception of time and the timing of different physiological and psychological processes.