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The more formal the linkage mechanism, the more control organizations have over each other's behavior.
Nonconsenting Third Parties
Nonconsenting third parties are individuals or groups that are affected by the actions of others without having agreed to or participated in the decision-making process.
Externalities
Costs or benefits that affect a party who did not choose to incur those costs or benefits, often leading to market failure if not addressed.
Allocation of Resources
The process of distributing available resources among various uses or projects in order to achieve desired outcomes or maximize efficiency.
Political Decision-Makers
Individuals or bodies responsible for making policies and decisions that guide the political direction of a country, region, or organization.
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