Microeconomics of Market Failures - The MIT Press - Salanie, Bernard (Columbia University) - Books - MIT Press Ltd - 9780262528566 - October 10, 2000
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Salanie, Bernard (Columbia University)
Microeconomics of Market Failures - The MIT Press

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Bernard Salanie studies situations where competitive markets fail to achieve a collective optimum and the interventions used to remedy these so-called market failures.

Publisher Marketing: In this book Bernard Salanie 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, Salanie 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."

Contributor Bio:  Salanie, Bernard Salanie is Director of INSEE-CREST, Paris, and Associate Professor at Ecole Polytechnique.

Media Books     Paperback Book   (Book with soft cover and glued back)
Released October 10, 2000
ISBN13 9780262528566
Publishers MIT Press Ltd
Pages 240
Dimensions 152 × 229 × 18 mm   ·   358 g
Language English  

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