Markets or Governments, Second Edition : Choosing Between Imperfect Alternatives. This item is unavailable.
Language: English
Published by MIT Press, 1993
- Softcover
- Used
Seller: Better World Books, Mishawaka, IN, U.S.A.Better World Books
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Condition: Used - Good
US$ 8.97
Item description from seller
Pages intact with minimal writing/highlighting. The binding may be loose and creased. Dust jackets/supplements are not included. Stock photo provided. Product includes identifying sticker. Better World Books: Buy Books. Do Good.
Seller Inventory # 4673046-6
- Title
- Markets or Governments, Second Edition : Choosing Between Imperfect Alternatives
- Author
- Wolf, Charles, Jr.
- Publisher
- MIT Press
- Publication year
- 1993
- Condition
- Good
- Binding
- Soft cover
- Language
- English
- ISBN 10
- 0262731045
- ISBN 13
- 9780262731041
- Edition
- 2nd Edition.
- Item weight
- 0.814 pounds
- Dimensions
- N/A
A theory of market failures is well established in economics, but the same has not been true for the study of nonmarket failures. Markets or Governments remedies this situation by providing a formal theory of nonmarket failure, analyzing such problems as redundant costs, monopoly, frequency of unanticipated externalities, and bureaucracy in such nonmarket institutions as foundations, universities, and government. This new edition updates the data and results contained in the first edition and includes references and applications of the theory to the ongoing process of system transformation in Russia, Ukraine, and Eastern Europe. The discussion of earlier literature that is relevant to the theory of nonmarket failure has been expanded.
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About the Author
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