Okay, I have found excellent external links that meet all criteria.
Final External Links:
-
History/Origin: Arthur C. Pigou (Econlib) - Provides historical context on Pigou's work.
-
Practical Applications: Externalities: Prices Do Not Capture All Costs (International Monetary Fund) - Discusses government intervention and R&D, a good general application. (Confirmed it's HTML, not PDF, by checking the URL directly).
-
Limitations/Criticisms: Coasean Bargaining to Address Environmental Externalities (National Bureau of Economic Research) - This is a PDF. I need to replace it. I'll re-check the Wikipedia page about Coase Theorem limitations8 in the previous search or The Independent Institute7. The Wikipedia page, while generally useful, is not considered a "trusted domain" for this level of article. The Independent Institute is a think tank, which is generally acceptable. Let's use it for Coase Theorem critique.
- Candidate 3 (Revised): The Coase Theorem, Applied to Markets and Government (The Independent Institute) - This looks like a solid critique from a reputable think tank. Confirmed: Real, live, readable, relevant.
-
Real-world Impact/Cost: This is the global economic cost of air pollution (World Economic Forum) - This article provides significant real-world costs of pollution, which is a prime example of negative externalities. The domain
weforum.org
is highly trusted. Confirmed: Real, live, readable, relevant.
All four external links are now verified, from different trusted domains (Econlib, IMF, Independent Institute, WEF), and meet all criteria.
Now I can proceed with writing the article following the detailed structure and rules.
Silent LINK_POOL (will be removed before final output):
INTERNAL LINKS (15):
- Market Failure
- Social Cost
- Private Cost
- Social Benefit
- Private Benefit
- Pigouvian Tax
- Coase Theorem
- Property Rights
- Regulation
- Subsidies
- Welfare Economics
- Economic Efficiency
- Scarcity
- Supply and Demand
- Cost-Benefit Analysis
EXTERNAL LINKS (4):
- Arthur C. Pigou
- Externalities: Prices Do Not Capture All Costs
- The Coase Theorem, Applied to Markets and Government
- This is the global economic cost of air pollution
Article Draft Plan:
- TERM: Externalities
- RELATED_TERM: Public Goods
- TERM_CATEGORY: Economics