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Edward Elgar Publishing Edward Elgar Market Failure - Critical Economics Research

Name: Edward Elgar Market Failure - Critical Economics Research
Brand: Edward Elgar Publishing
Price: 926.46 GBP
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Economic Systems

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Description

Explore the complexities of economic theory with Market Failure, part of the International Library of Critical Writings in Economics series by Edward Elgar Publishing. This research review examines how welfare economics theorems function when real-world conditions deviate from standard assumptions. Traditional models often rely on the existence of competitive markets for all goods and services, including futures markets, and assume unbounded rationality among economic agents. This study investigates the consequences of markets failing to meet these specific assumptions. It also analyzes how institutions respond to observed market characteristics. This comprehensive work provides essential insights for economists and policymakers studying economic systems and market behavior.

Key Features

Part of the International Library of Critical Writings in Economics series by Edward Elgar Publishing.

Analyzes the impact of markets falling short of standard welfare economics assumptions.

Examines the role of competitive markets and futures markets in economic theory.

Investigates the consequences of agents acting outside of unbounded rationality.

Provides research on how institutions respond to specific observed market characteristics.

Product Specifications

Brand: Edward Elgar Publishing
Format: hardcover
ASIN: 1786432285
Category: Books > Subjects > Business, Finance & Law > Economics > Economic Systems
Domain: Amazon UK
Release Date: 05 December 2019
Listed Since: 17 June 2019

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Edward Elgar Publishing Edward Elgar Market Failure - Critical Economics Research

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Price Distribution

Price Analysis

Description

Key Features

Product Specifications

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