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Language: en
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Type: BOOK - Published: 2000-10-10 - Publisher: MIT Press
Bernard SalaniƩ studies situations where competitive markets fail to achieve a collective optimum and the interventions used to remedy these so-called market f
Language: en
Pages: 136
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Type: BOOK - Published: 2000 - Publisher: Heinemann
Markets and Market Failure provides a comprehensive introduction to this important area.
Language: en
Pages: 152
Pages: 152
Type: BOOK - Published: 2006 - Publisher: Brookings Institution Press and AEI
When should government intervene in market activity? When is it best to let market forces simply take their natural course? How does existing empirical evidence
Language: en
Pages: 260
Pages: 260
Type: BOOK - Published: 1993-09-02 - Publisher: MIT Press
Provides a formal theory of nonmarket failure, analyzing such problems as redundant costs, monopoly, frequency of unanticipated externalities, and bureaucracy i
Language: en
Pages: 394
Pages: 394
Type: BOOK - Published: - Publisher: Transaction Publishers
Assertions of market failure are usually based on Paul Samuelson's theory of public goods and externalities. This book both develops that theory and challenges