This compilation of geographically dispersed case studies and experiences is designed as a singular blend of real world situations laced with conceptual structures and relevant theoretical background to provide readers with a comprehensive picture of the economics of externalities. It is hoped that this collection would help researchers and practitioners alike examine externalities in a new light, and to help structure suitable policy to bring investments into shared-services to socially optimal levels.
My best friend Beth has just inherited her Aunt Coral's home, built in the 1920s, and what makes me happiest of all, she will soon take possession. That means she will live only a few miles from me, instead of clear up in Idaho. (My name's Fry Mower, by the way, and I live in Southern California, so you can understand why I'm so excited about her move. I mean, don't we all want our best friends close by?) Her newly acquired house is right out of a fairytale, complete with turret. It also contains an old desk-built by Beth's grandfather (as was the dwelling)-which, along with a few other things, exudes an aura of mystery. I can't wait to start exploring, but what we ultimately find is not at all what we expect.