Who is the economic agent generating the externality and who are the agents that are directly and unintentionally affected by the actions of the generating agent?

Watch the TED talk by Rob Harmon discussion about markets helping keep streams in Montana flowing  Rob Harmon TED talk

Virtually explore your own neighborhood, town, or city and find an example of a negative externality.

Tell us about it in a discussion post. Your post must include four (4) things: Identification of your local environment negative externality.

One (1) point An assessment of the market failure that allows the externality to occur.

Why are existing markets failing? Two ) points Identification of the parties involved. Who is the economic agent generating the externality and who are the agents that are directly and unintentionally affected by the actions of the generating agent?

An assessment of whether their externality is an issue in your community as well A critique of their chosen market-based solution with one positive aspect and one aspect that needs improvement Two points for response.