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HomeMIT 22.04 Social Problems of Nuclear Energy, Fall 2025Lecture 11: Theory of Externalities and How Nuclear Power Is Regulated by the NRC

Lecture 11: Theory of Externalities and How Nuclear Power Is Regulated by the NRC

1:14:28

This lecture describes the economic principles of externalities and how they affect the electric markets. It presents the argument for regulation as a means of mitigating externalities, and how the NRC attempts to regulate the safety of nuclear power, including issues such as regulatory capture.