Government failure versus market failure : microeconomics policy research and government performance /
When should government intervene in market activity? When is it best to let market forces simply take their natural course? How does existing empirical evidence about government performance inform those decisions? Brookings economist Clifford Winston uses these questions to frame a frank empirical a...
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| Format: | Licensed eBooks |
| Language: | English |
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Washington, D.C. :
AEI-Brookings Joint Center for Regulatory Studies
©2006.
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| Online Access: | https://www.jstor.org/stable/10.7864/j.ctt6wpfk5 |
Table of Contents:
- Introduction
- Methodological perspective
- Market power: antitrust policy and economic regulation
- Social regulation: imperfect information and externalities
- Public production
- Policies to correct market failures: synthesis and assessment
- Market failure and social goals policies: common failures and conflicts
- Policy recommendations motivated by policymakers' learning
- Microeconomics policy research and the policy community.