Microeconomics of Market Failure

Author: Bernard Salanie)
Publisher:
Publish Date: 2004-05-01
Features: A New Century University Economics Textbook Translation Series. Salanie's Microeconomics of Market Failures discusses the causes and effects of market failures and describes various policy responses to address them. The analysis covers four key areas: collective choice, public economics, industrial organization, and incomplete markets. The book's unique feature lies in explaining the interrelationships between these different fields. It is an excellent graduate-level economics textbook.