Microeconomics of Market Failures PDF Download

Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Microeconomics of Market Failures PDF full book. Access full book title Microeconomics of Market Failures by Bernard Salanie. Download full books in PDF and EPUB format.

Microeconomics of Market Failures

Microeconomics of Market Failures PDF Author: Bernard Salanie
Publisher: MIT Press
ISBN: 0262264625
Category : Business & Economics
Languages : en
Pages : 239

Get Book Here

Book Description
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.