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The Coase Theorem asserts that government intervention is a prerequisite for addressing externality problems.
James-Lange Theory
A theory of emotion proposing that emotions occur as a result of physiological responses to external stimuli.
Emotion
A complex psychological state that involves a subjective experience, physiological response, and behavioral or expressive response.
Physiological Changes
Alterations in the body's normal biological functions, which can be due to various factors including stress, environmental changes, or disease.
James-Lange Theory
A theory of emotion proposing that emotions occur as a result of physiological reactions to events, suggesting that physiological arousal precedes the experience of emotion.
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