Taylor & Francis

Public Goods and Market Failures

Edition: 1st Edition
Subjects: Politics, Politics & government
ISBN13: 9781138531192
Published: 18 Dec 2020

Format - Hardback
By Tyler Cowen

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Regular price A$193.60
Sale price A$193.60 Regular price A$242.00

Public Goods and Market Failures

Regular price A$193.60
Sale price A$193.60 Regular price A$242.00
Product description

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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