Examlex
The impact of experience on perception is most clearly illustrated by
Externalities
Costs or benefits of a market activity borne by a third party; can be negative (costs) or positive (benefits).
Private Solutions
Solutions derived from individual or corporate initiatives without direct government intervention or subsidies.
Interested Parties
Individuals or groups that have a stake or interest in the outcome of a project, decision, or endeavor.
Benefit
An advantage, improvement, or gain received from a product or service, often considered in decision-making or evaluations of welfare.
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