Microeconomics of Market Failures

Author:   Bernard Salanié (Columbia University)
Publisher:   MIT Press Ltd
ISBN:  

9780262194433


Pages:   238
Publication Date:   10 October 2000
Recommended Age:   From 18 years
Format:   Hardback
Availability:   Awaiting stock   Availability explained


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Microeconomics of Market Failures


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Overview

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.

Full Product Details

Author:   Bernard Salanié (Columbia University)
Publisher:   MIT Press Ltd
Imprint:   MIT Press
Dimensions:   Width: 15.50cm , Height: 1.70cm , Length: 23.10cm
Weight:   0.454kg
ISBN:  

9780262194433


ISBN 10:   0262194430
Pages:   238
Publication Date:   10 October 2000
Recommended Age:   From 18 years
Audience:   Professional and scholarly ,  College/higher education ,  Professional & Vocational ,  Undergraduate
Format:   Hardback
Publisher's Status:   Out of Print
Availability:   Awaiting stock   Availability explained

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Bernard Salanie is Professor of Economics at Columbia University. Formerly Director of CREST (Paris), he has taught at Ecole Polytechnique, Stanford University, the University of Chicago, and the Toulouse School of Economics. Salanie is the author of Microeconomics of Market Failures (2000) and The Economics of Contracts: A Primer (second edition, 2005), both published by the MIT Press.

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