{"product_id":"microeconomics-of-market-failures-bernard-salanie-9780262528566","title":"Microeconomics of Market Failures","description":"\u003cb\u003eBernard Salani  studies situations where competitive markets fail to achieve a collective optimum and the interventions used to remedy these so-called market failures.\u003c\/b\u003e\u003cp\u003eIn this book Bernard Salani  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, Salani  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.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Bernard Salanie\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 0262528568\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9780262528566\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e MIT Press\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 10\/10\/2000\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 240\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.79lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.00h x 6.00w x 0.55d","brand":"Bernard Salanie","offers":[{"title":"Paperback","offer_id":43981524402431,"sku":"9780262528566","price":40.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_36c52629-3aca-4784-a616-0bb670348ea4.jpg?v=1683256088","url":"https:\/\/www.whiterainbookhouse.com\/products\/microeconomics-of-market-failures-bernard-salanie-9780262528566","provider":"WR Book House","version":"1.0","type":"link"}