Microeconomics of Market Failures
By:Bernard Salanié
Published on 2000-10-10 by MIT Press
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.
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Book ID of Microeconomics of Market Failures's Books is uiJ5qq-dC0EC, Book which was written byBernard Salaniéhave ETAG "DjBPkT0sV2Q"
Book which was published by MIT Press since 2000-10-10 have ISBNs, ISBN 13 Code is 9780262264624 and ISBN 10 Code is 0262264625
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