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portada Public Goods and Market Failures: A Critical Examination
Type
Physical Book
Publisher
Language
English
Pages
384
Format
Hardcover
ISBN13
9781138531192

Public Goods and Market Failures: A Critical Examination

Tyler Cowen (Author) · Routledge · Hardcover

Public Goods and Market Failures: A Critical Examination - Cowen, Tyler

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Synopsis "Public Goods and Market Failures: A Critical Examination"

Assertions of market failure are usually based on Paul Samuelson's theory of public goods and externalities. This book both develops that theory and challenges the conclusion of many economists and policy-makers that market failures cannot be corrected by market forces. The volume includes major case studies of private provision of public goods. Among the goods considered are lighthouse services, education, municipal services, and environmental conservation.

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