Tyler Cowen

Public Goods and Market Failures

A Critical Examination

• Broschiertes Buch

Produktbeschreibung

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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Produktdetails

• Verlag: Routledge
• Seitenzahl: 392
• Erscheinungstermin: 30. Januar 1991
• Englisch
• Abmessung: 229mm x 152mm x 21mm
• Gewicht: 566g
• ISBN-13: 9781560005704
• ISBN-10: 156000570X
• Artikelnr.: 26187091

Autorenporträt

Tyler Cowen

Inhaltsangabe

Introduction
1. Public Goods and Externalities: Old and New Perspectives /Tyler Cowen
Section I The Theory of Market Failure
2. The Pure Theory of Public Expenditure /Paul A. Samuelson
3. The Anatomy of Market Failure /Francis M. Bator
Section II Developments in the Theory of Markets
4. Equal Access vs. Selective Access: A Critique of Public Goods Theory /Kenneth D. Goldin
5. Free Ride, Free Revelation, or Golden Rule? /Earl R. Brubaker
6. The Private Production of Public Goods /Harold Demsetz
7. The Exchange and Enforcement of Property Rights /Harold Demsetz
8. State
of
Nature Theory and the Rise of Social Institutions /Andrew Schotter
9. A Pure Theory of Local Expenditures /Charles M. Tiebout
10. An Economic Theory of Clubs /James M. Buchanan
11. The Problem of Externality /Carl J. Dahlman
Section III Case Studies
12. The Problem of Cooperation /Robert Axelrod
13. The Lighthouse in Economics /Ronald H. Coase
14. The Fable of the Bees: An Economic Investigation /Steven N. S. Cheung
15. Fire Protection /Robert W. Poole, Jr.
16. Leisure and Recreational Services /Robert W. Poole, Jr.
17. Private Solutions to Conservation Problems /Robert J. Smith
18. The Private Supply of Education: Some Historical Evidence /Jack High and Jerome Ellig
Contributors.