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Public Goods and Market Failures : A Critical Examination

By: Tyler Cowen (Author)

Manufacture on Demand

Ksh 12,150.00

Format: Paperback or Softback

ISBN-10: 156000570X

ISBN-13: 9781560005704

Publisher: Taylor & Francis Inc

Imprint: Routledge

Country of Manufacture: GB

Country of Publication: GB

Publication Date: Jan 30th, 1991

Publication Status: Active

Product extent: 390 Pages

Weight: 498.00 grams

Product Classification / Subject(s): Economics

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Assertions of market failure are usually based on Paul Samuelson's theory of public goods and externalities
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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