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

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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