Public Goods and Market Failures : A Critical Examination
by
Tyler Cowen
Book Details
Format
Paperback / 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
Print length
390 Pages
Weight
498 grams
Product Classification:
Economics
Ksh 9,200.00
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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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