ASYMMETRICALLY DISTRIBUTED TRANSACTION COSTS& Extranalities
Legal analyses of phenomena disproportionately allocating the costs of civil society to people of color
Asymmetrically Distributed Transaction Costs & Extranalites
Structural racism of the economic kind can be described in terms of 'Asymmetrical Market Imperfections'. Of these, 'Asymmetrically Distributed Transaction Costs’ describes the inequitable distribution of societies costs and externalities on Black people and people of color. Major concerns include disparate treatment with respect to law enforcement, environmental injustices, and the unfair distribution of tax burdens.