Published September 15, 2017
| Submitted
Report
Open
Market Failure
- Creators
- Ledyard, John O.
Abstract
Market failure is described and discussed. A summary of the current state of understanding is provided. Key words are: market failure, public good, externalities, rational expectations, information, monopoly, and competitive equilibrium.
Additional Information
Published as Ledyard, John O. "Market failure." The World of Economics. Palgrave Macmillan UK, 1991. 407-412.Attached Files
Submitted - sswp623.pdf
Files
sswp623.pdf
Files
(288.9 kB)
| Name | Size | Download all |
|---|---|---|
|
md5:e91d5016319b2104756a0ff7a5c9505d
|
288.9 kB | Preview Download |
Additional details
- Eprint ID
- 81366
- Resolver ID
- CaltechAUTHORS:20170912-134741993
- Created
-
2017-09-15Created from EPrint's datestamp field
- Updated
-
2019-10-03Created from EPrint's last_modified field
- Caltech groups
- Social Science Working Papers
- Series Name
- Social Science Working Paper
- Series Volume or Issue Number
- 623