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Public Goods and Market Failures: A Critical Examination

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Public Goods and Market Failures: A Critical Examination Cover

 

Synopses & Reviews

Publisher Comments:

At one time or another nearly every sector of the American economy has been branded as a market failure. Such claims are probably the most important arguments for government support or intervention. The private sector may be deemed incapable of solving the so-called free rider problem or may price public goods in such a way as to insufficiently exclude nonpayers. Assertions of market failure are usually based upon Paul Samuelson's theory of public goods & externalities. Public Goods & Market Failures both develops that theory & challenges the conclusion of many economists & policy makers that market failures cannot be corrected by market forces.

Product Details

ISBN:
9781412832380
Subtitle:
A Critical Examination
Publisher:
George Mason University Press
Edited by:
Cowen Tyler
Author:
Cowen, Tyler
Author:
Cowen Tyler
Subject:
Externalities (Economics)
Subject:
Externalities
Subject:
Public goods
Subject:
General
Subject:
Economics - Theory
Subject:
Economics - General
Subject:
Sociology - General
Subject:
main_subject
Subject:
all_subjects
Publication Date:
1988
Binding:
ELECTRONIC
Language:
English
Pages:
384

Related Subjects

Business » Accounting and Finance
History and Social Science » Economics » General
History and Social Science » Sociology » General

Public Goods and Market Failures: A Critical Examination
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Product details 384 pages Transaction Publishers - English 9781412832380 Reviews:
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