According to the digital media company Captivate Network, employees viewing the 2012 Olympics instead of working caused

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According to the digital media company Captivate Network, employees viewing the 2012 Olympics instead of working caused a $1.38 billion loss in productivity for U.S. companies. Is this productivity loss an example of a negative externality?

Explain.

2. The Inefficiency of Competition with Externalities

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Strategic Management For Hospitality And Tourism

ISBN: 9780750665223

1st Edition

Authors: Fevzi Okumus Levent Altinay Prakash Chathoth

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