Bernard Salanié studies situations where competitive markets fail to achieve a collective optimum and the interventions used to remedy these so-called market f
Bernard Salanié studies situations where competitive markets fail to achieve a collective optimum and the interventions used to remedy these so-called market f
Annotation In this book Bernard Salanié studies situations where competitive markets fail to achieve a collective optimum and the interventions used to remedy
A Brookings Institution Press and American Enterprise Institute publication When should government intervene in market activity and when is it best to let marke
What is Market Failure The term "market failure" comes from the field of neoclassical economics and refers to a scenario in which the distribution of commoditie