Ledyard, John O. (1987) Market Failure. Social Science Working Paper, 623. California Institute of Technology , Pasadena, CA. (Unpublished) https://resolver.caltech.edu/CaltechAUTHORS:20170912-134741993
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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.
| Item Type: | Report or Paper (Working Paper) | ||||||
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| Additional Information: | Published as Ledyard, John O. "Market failure." The World of Economics. Palgrave Macmillan UK, 1991. 407-412. | ||||||
| Group: | Social Science Working Papers | ||||||
| Series Name: | Social Science Working Paper | ||||||
| Issue or Number: | 623 | ||||||
| Record Number: | CaltechAUTHORS:20170912-134741993 | ||||||
| Persistent URL: | https://resolver.caltech.edu/CaltechAUTHORS:20170912-134741993 | ||||||
| Usage Policy: | No commercial reproduction, distribution, display or performance rights in this work are provided. | ||||||
| ID Code: | 81366 | ||||||
| Collection: | CaltechAUTHORS | ||||||
| Deposited By: | Jacquelyn Bussone | ||||||
| Deposited On: | 15 Sep 2017 21:08 | ||||||
| Last Modified: | 03 Oct 2019 18:41 |
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