Markets or Governments second edition is popular PDF and ePub book, written by Charles Wolf, Jr. in 1993-09-02, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Markets or Governments second edition can be Read Online from any device for your convenience.

Markets or Governments second edition Book PDF Summary

Provides 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. 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.

Detail Book of Markets or Governments second edition PDF

Markets or Governments  second edition
  • Author : Charles Wolf, Jr.
  • Release : 02 September 1993
  • Publisher : MIT Press
  • ISBN : 0262731045
  • Genre : Business & Economics
  • Total Page : 260 pages
  • Language : English
  • PDF File Size : 13,6 Mb

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