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Microeconomics of Market Failures

2000-10-10 Business & Economics
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Release : 2000-10-10
Genre : Business & Economics
Kind : eBook
Book Rating : 625/5 ( reviews)

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Book Synopsis Microeconomics of Market Failures by : Bernard Salanie

Download or read book Microeconomics of Market Failures written by Bernard Salanie. This book was released on 2000-10-10. Available in PDF, EPUB and Kindle. Book excerpt: Bernard Salanié studies situations where competitive markets fail to achieve a collective optimum and the interventions used to remedy these so-called market failures. In this book Bernard Salanié studies situations where competitive markets fail to achieve a collective optimum and the interventions used to remedy these so-called market failures. He includes discussions of theories of collective decision making, as well as elementary models of public economics and industrial organization. Although public economics is traditionally defined as the positive and normative study of government action over the economy, Salanié confines himself to microeconomic aspects of welfare economics; he considers taxation and the effects of public spending only as potential remedies for market failures. He concludes with a discussion of the theory of general equilibrium in incomplete markets.

Market Failure, Government Failure, Leadership and Public Policy

1999-07-19 Business & Economics
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Release : 1999-07-19
Genre : Business & Economics
Kind : eBook
Book Rating : 961/5 ( reviews)

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Book Synopsis Market Failure, Government Failure, Leadership and Public Policy by : B. Dollery

Download or read book Market Failure, Government Failure, Leadership and Public Policy written by B. Dollery. This book was released on 1999-07-19. Available in PDF, EPUB and Kindle. Book excerpt: A global wave of reform is fundamentally reshaping the role of the state in national economies. This book provides a fresh and accessible perspective on the political economy of this megatrend. It traces the theoretical roots of the reforms to developments in public economics which emphasize problems of government rather than market failure. It then breaks new ground in developing an economic theory of leadership to explain how policy leadership networks can strive to influence the direction of reform processes.

Public Goods and Market Failures

Business & Economics
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Genre : Business & Economics
Kind : eBook
Book Rating : 380/5 ( reviews)

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Book Synopsis Public Goods and Market Failures by : Tyler Cowen

Download or read book Public Goods and Market Failures written by Tyler Cowen. This book was released on . Available in PDF, EPUB and Kindle. Book excerpt: 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 the conclusion of many economists and policy-makers that market failures cannot be corrected by market forces. The volume includes major case studies of private provision of public goods. Among the goods considered are lighthouse services, education, municipal services, and environmental conservation.

Government Failure Versus Market Failure

2006 Business & Economics
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Release : 2006
Genre : Business & Economics
Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis Government Failure Versus Market Failure by : Clifford Winston

Download or read book Government Failure Versus Market Failure written by Clifford Winston. This book was released on 2006. Available in PDF, EPUB and Kindle. Book excerpt: 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 about government performance inform those decisions? Brookings economist Clifford Winston uses these questions to frame a frank empirical assessment of government economic intervention in Government Failure vs.

Government and Markets

2010 Business & Economics
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Release : 2010
Genre : Business & Economics
Kind : eBook
Book Rating : 484/5 ( reviews)

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Book Synopsis Government and Markets by : Edward J. Balleisen

Download or read book Government and Markets written by Edward J. Balleisen. This book was released on 2010. Available in PDF, EPUB and Kindle. Book excerpt: After two generations of emphasis on governmental inefficiency and the need for deregulation, we now see growing interest in the possibility of constructive governance, alongside public calls for new, smarter regulation. Yet there is a real danger that regulatory reforms will be rooted in outdated ideas. As the financial crisis has shown, neither traditional market failure models nor public choice theory, by themselves, sufficiently inform or explain our current regulatory challenges. Regulatory studies, long neglected in an atmosphere focused on deregulatory work, is in critical need of new models and theories that can guide effective policy-making. This interdisciplinary volume points the way toward the modernization of regulatory theory. Its essays by leading scholars move past predominant approaches, integrating the latest research about the interplay between human behavior, societal needs, and regulatory institutions. The book concludes by setting out a potential research agenda for the social sciences.

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