Lecture 11: Theory of Externalities and How Nuclear Power Is Regulated by the NRC @mitocw
Lecture 11: Theory of Externalities and How Nuclear Power Is Regulated by the NRC  @mitocw
Uploaded July 2026 | Updated September 2026, 3 weeks ago
MIT 22.04 Social Problems of Nuclear Energy, Fall 2025
Instructor: R. Scott Kemp

View the complete course: https://ocw.mit.edu/courses/22-04j-social-problems-of-nuclear-energy-fall-2025/
YouTube Playlist: youtube.com/playlist?list=PLEd-FHe0va8k

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 nuclear power, including issues such as regulatory capture.

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

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