Microeconomics of Market Failures

Bernard Salanié (Columbia University)

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English

MIT Press
10 October 2000

Microeconomics; Economic systems & structures; Public finance

Series: Microeconomics of Market Failures

Bernard Salanie studies situations where competitive markets fail to achieve a collective optimum and the interventions used to remedy these so-called market failures.

In this book Bernard Salanie studies situations where competitive markets fail to achieve a collective optimum and the interventions used to remedy these so-called market failures. He includes discussions of theories of collective decision making, as well as elementary models of public economics and industrial organization. Although public economics is traditionally defined as the positive and normative study of government action over the economy, Salanie confines himself to microeconomic aspects of welfare economics; he considers taxation and the effects of public spending only as potential remedies for market failures. He concludes with a discussion of the theory of general equilibrium in incomplete markets.

By: Bernard Salanié (Columbia University)
Imprint: MIT Press
Country of Publication: United States
Dimensions: Height: 231mm, Width: 155mm, Spine: 18mm
Weight: 327g
ISBN: 9780262528566
ISBN 10: 0262528568
Series: Microeconomics of Market Failures
Pages: 238
Publication Date: 10 October 2000
Recommended Age: From 18 years
Audience: Professional and scholarly , Undergraduate
Format: Paperback
Publisher's Status: Active

Bernard Salanie is Professor of Economics at Columbia University. Formerly Director of CREST (Paris), he has taught at Ecole Polytechnique, Stanford University, the University of Chicago, and the Toulouse School of Economics. Salanie is the author of Microeconomics of Market Failures (2000) and The Economics of Contracts- A Primer (second edition, 2005), both published by the MIT Press.

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Microeconomics of Market Failures

Bernard Salanié (Columbia University)

$79.99

Paperback

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