Market Failures - Solving Externalities Instructions For an interesting example of a negative externality, listen to the following Planet Money Real Economy of Fantasy Sports podcast. Inpr share planet money Episode 490: The Real Economy Of Fantasy Sports A listen 19:54 Charles Rex 2013 npr Arbogast/AP And for a discussion of potential solutions to negative externalities such as pollution, listen to the following Planet Money One Page Plan to Fix Global Warming podcast. Then post a discussion thread and two replies to a colleague. npr share planet money The One-Page Plan To Fix Global Warming Revisited A listen 24:06 Camille 2018 npr Seaman/Barcroft Media/Landov Initial Post By Tuesday at 11:59 pm, post to this discussion (by clicking "Reply" below). Your post should: Include a discussion of the ways in which the fantasy sports example and the pollution example both qualify as examples of externalities. Address the question, what does it mean to "internalize an externality?" Do you think the solution proposed in the One Page Plan podcast is an effective way of internalizing the externalities associated with pollution resulting from economic production? Replies By Friday at 11:59 pm, reply to at least two of your colleagues. In your reply: Respond to your colleagues' discussion of both externality examples. What insight does their discussion give us into the solutions to ("internalizing") externalities? Are there other solutions you think may be more effective? Initial post due by Tuesday November 28th at 11:59 pm | 2 replies by Friday Dec 1st at 11:59 pm Discussions can only have one due date in Canvas. This shows as the Tuesday deadline, but you do have until Friday to post your replies