Public Goods and Market Failures

Released on by Tyler Cowen
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  • Public Goods and Market Failures Book Detail

  • Author : Tyler Cowen
  • Release Date :
  • Publisher : Transaction Publishers
  • Genre : Business & Economics
  • Pages : 394
  • ISBN 13 : 9781412832380
  • File Size : 6,6 MB
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Public Goods and Market Failures by Tyler Cowen PDF Summary

Book 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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