Examlex
Which of the following is NOT an example of a good with an external cost?
Risky-Shift
A phenomenon where a group collectively decides on a course of action that is more extreme than they would have made individually.
Deindividuation
A state of reduced individuality, reduced self-awareness, and reduced attention to personal standards; this phenomenon may occur when people are part of a group.
Groupthink
A psychological phenomenon where a group's desire for harmony or conformity results in an irrational or dysfunctional decision-making outcome.
Social Loafing
The tendency for people to work less hard in a group than when working alone.
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