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

Book Details

Format Hardback or Cased Book
ISBN-10 1138531197
ISBN-13 9781138531192
Publisher Taylor & Francis Ltd
Imprint Routledge
Country of Manufacture GB
Country of Publication GB
Publication Date Dec 18th, 2020
Print length 384 Pages
Weight 890 grams
Product Classification: Politics & government
Ksh 23,400.00
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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.
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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